Apple acquires Swedish algorithm developer AlgoTrim

Apple has acquired AlgoTrim, a Swedish company that specializes in compression algorithms for mobile phones. AlgoTrim “developed algorithms for lossless compression of processing instructions in operating systems and applications,” according to a Swedish news service. The compression techniques allow for faster processing and reduced use in flash memory. AlgoTrim’s software was found in about 100 million phones by the end of 2011, with the company previously focusing on Android phones. Apple has made five known acquisitions in recent weeks, most recently acquiring transit app developer Embark. [via Rapidus]