Apple snaps up wireless power developer PowerbyProxi for undisclosed sum

Tue, 24 Oct 2017

By Rebecca Howard Oct. 25 (BusinessDesk) - Apple, the world's biggest technology company, has bought New Zealand wireless power developer PowerbyProxi for an undisclosed sum. The change in ownership was confirmed by an Apple spokesman in an email, but he refused to provide any details or the terms of the agreement. Fairfax Media reported Apple senior vice president of hardware engineer Dan Riccio said the "team will be a great addition as Apple works to create a wireless future". PowerbyProxi officials were not immediately available for...

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