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Apple Bought A Company That Helps You Make iPad Magazines

Sep 24, 2014, 04:56 IST

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Apple has acquired Prss, a Dutch digital magazine startup, according to Tech Crunch's Darrell Etherington.

Prss is a publishing platform for content creators who don't know how to code but want to create nice-looking magazines on the iPad.

The platform launched in 2010 and even got a nod from Tim Cook in a 2012 WWDC keynote address.

Apple doesn't usually comment on acquisitions, this one included. The company gave Tech Crunch a boilerplate statement on how it likes to play acquisitions close to the chest. It's also unclear how much Apple paid for Prss.

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The acquisition comes as Apple is trying to sell more iPads. The tablets have long replacement cycles, meaning consumers have fewer reasons to buy one every time Apple introduced a new model. Sales have been down year over year.

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