Apple Reportedly Snaps Up New Startup

Various media outlets report that US tech giant Apple has purchased a Rome, Italy based startup Stamplay.

The acquisition, which Apple has not confirmed, would be another in a series of recent buys to improve Apple’s products and tech. Stamplay is an API integration developer and this knowledge base would help Apple with its ApplePay service and forth coming in-house credit card.

Its website provides little information about the current status of the business and no mention of its reported new affiliation with Apple. It only shows this statement:

“Automate Your Business: Low code workflow automation platform, empowering organizations to streamline manual work by integrating data and business applications used every day.”

Stamplay has not tweeted since July 2018.

According to media reports, Apple paid $5.6 million for Stamplay and will retain the staff, but this has not been confirmed.

This story will be updated as needed.

 

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