Apple did NOT acquire Wi-Gear

Thu, Nov 11, 2010


Earlier this week it was reported that Apple scooped up Wi-Gear, a San Francisco based company known for their premium A2DP stereo headphones as well as a Bluetooth 2.0 adapter for older iOS devices. The news, since proven to be false, prompted many to speculate that Apple was planning to manufacture its own stereo Bluetooth headphones for their line of iOS devices.

In what appeared to corroborate the initial story, Wi-Gear co-founder Michael Kim’s updated LinkedIn profile lists his job title as “iOS Bluetooth Engineer at Apple Inc.” Wi-Gear CEO Mark Pundsack’s LinkedIn profile, however, remained unchanged. And now we know why – Apple never acquired Wi-Gear in the first place.

Barron’s reports:

“The rumor is false,” Wi-Gear CEO Mark Pundsack said via e-mail in response to an inquiry from Tech Trader Daily. “Wi-Gear and its IP are still available for sale.”

9to5Mac, which first sourced the rumor, issued an apology.

Our source assumed that the movement of Wi-Gear co-founder Michael Kim to Apple was an indication of a purchase.  We unknowingly used this same event to “verify” his story.  We tried to get ahold of Pundsack but were unable to.  We’re sorry, we were wrong.


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