Feeds

Ex-Apple execs hop on the Spac track

Acquicor raises $150m to buy tech firms

Security for virtualized datacentres

Apple's co-founder, one of its former CEOs and an ex-Apple CTO have formally announced their partnership in a technology acquisition company a month after reports they were planning just such a move and eight months after the firm was founded.

acquicor management team
Woz, Amelio and Hancock

Steve Wozniak will be joined by Gil Amelio and Ellen Hancock at Acquicor, a self-styled "blank cheque" company - also known as a 'special-purpose acquisition company', Spac for short - "for the purpose of acquiring, through a merger, capital stock exchange, stock purchase, asset acquisition or other similar business combination, one or more domestic and/or foreign operating businesses in the technology, multimedia and networking sectors."

Acquicor has $150m to spend on tech companies thanks to an IPO undertaken on the American Stock Exchange (AMEX) this week.

Based in Newport Beach, California, and founded in August 2005, Acquicor is run by Amelio as chairman and CEO. Hancock gets the COO's job, while Wozniak was named CTO.

Woz's foundation of Apple with Steve Jobs is well-documented. Amelio spent 500 days between 1996 and 1997 at Apple as CEO during which time he decided to buy Jobs' company, NeXT, in order to gain a next-generation Mac operating system. He almost acquired Be, run by another ex-Apple staffer, Jean-Louis Gassée.

Jobs eventually took command of Apple and Amelio quit. As part of the Amelio regime, Hancock, then Apple's CTO, left too. Amelio arguably put in place many of the manufacturing and hardware schemes Jobs was later to be given credit for, such as streamlining the product range and reducing the company's dependancy on proprietary technology. ®

Protecting users from Firesheep and other Sidejacking attacks with SSL

More from The Register

next story
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Monitors monitor's monitoring finds touch screens have 0.4% market share
Not four. Point four. Count yer booty again, Microsoft
Getting to the BOTTOM of the great office seating debate
Belay that toil, me hearty, and park your scurvy backside
Hey, Mac fanbois. HGST wants you drooling over its HUGE desktop RACK
What vast digital media repository could possibly need 64 TERABYTES?
In a spin: Samsung accuses LG exec of washing machine SABOTAGE
Rival electronic giant tries to iron out allegations
Your chance to WIN the WORLD'S ONLY HANDHELD ZX SPECTRUM
Reg staff not allowed to enter, god dammit
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.