Apple has confirmed its acquisition of AlgoTrim, a Swedish data compression company.
As AllThingsD reports, Apple has given its standard “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” That’s pretty much a copy/paste statement Apple offers for every such acquisition.
Here’s a portion of the original report:
Founded in 2005 by Anders Berglund, Anders Holtsberg and Martin Lindberg, AlgoTrim develops data-compression technology that simultaneously shortens processing times and reduces file size — just the sort of thing for optimizing mobile imaging and video. While Apple declined to elaborate on its plans for AlgoTrim, they likely involve using its expertise to make image capture on the iPhone and iPad more efficient and powerful.
Of course it’s not clear why Apple needs AlgoTrim. Perhaps we will see it soon enough.