Why Acquire

For example, FaceID, the technology that allows users to unlock their iPhone X just by looking at it, stems from Apple’s M&A moves in chips and computer vision, including acquisitions of companies like PrimeSense , RealFace , and Faceshift .

The cash-rich tech giant has continued writing checks amid 2020’s volatile market, snapping up edge-based AI startup Xnor.ai  (in a deal valued at $200M), weather app Dark Sky , speech recognition startup Voysis , and VR event streaming company NextVR  ($100M valuation) in the first few months of the year.