Apply Mobile Technologies
Distribution and Monetization Platforms for Mobile Apps
Company Overview
Snapshot
Founded in May 1992 by Oron Zell, Apply Mobile Technologies operated with 11–50 employees. The company was acquired by Aerodrome in April 2020, marking its exit from the market.
Business overview
Apply Mobile Technologies specializes in developing platforms for the distribution and monetization of mobile applications. Its core product, KIBO, is an innovative platform for branded keyboards that integrates content feeds, providing high reach and exposure on smartphones. The company operates within the Business Software sector, focusing on Sales & Marketing Solutions and Advertising Platforms for enterprises.
Strategic signal
In January 2020, Apply Mobile Technologies was acquired by Aerodrome in a deal valued at 50 million shekels. This acquisition signifies a strategic shift for Apply Mobile Technologies, as it exited its cellular application business, and allowed Aerodrome to go public to meet corporate governance standards, indicating a significant market consolidation and a new direction for the acquired entity.
Log in to access full profile ›Company Intelligence Q&A
- What was the most recent significant corporate event for Apply Mobile Technologies?
- In April 2020, Apply Mobile Technologies was acquired by Aerodrome, leading to its delisting from the stock exchange.
- When did Apply Mobile Technologies go public?
- Apply Mobile Technologies completed its Initial Public Offering (IPO) in January 2011 on the TASE.
- What was the valuation of the acquisition of Apply Mobile Technologies?
- In January 2020, Aerodrome merged with Apply Mobile Technologies in a deal valued at 50 million shekels.
- Did Apply Mobile Technologies engage in any notable partnerships?
- In January 2016, Apply Advanced Mobile Technologies partnered with Yahoo to integrate Yahoo content and search engine into its smartphone keyboards, with revenues split 50-50.
- What was Kibo's first deal in the U.S. sports market?
- In January 2016, Kibo, a subsidiary of Apply Advanced Mobile Technologies, signed an agreement with the U.S. National Basketball Association to create NBA-branded smartphone keyboards and share revenues.