Feeds

Ex-Apple execs hop on the Spac track

Acquicor raises $150m to buy tech firms

Beginner's guide to SSL certificates

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. ®

Intelligent flash storage arrays

More from The Register

next story
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
Intel's LAME DUCK mobile chips gobbled by CASH COW
Chipzilla won't have money-losing mobe unit to kick about anymore
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.