Following a report on Tuesday claiming Bluetooth headphone maker Wi-Gear was acquired by Apple, the company’s CEO confirmed Wednesday that the report is false. Mark Pundsack, Wi-Gear’s CEO, confirmed to Macworld that Wi-Gear and its intellectual property are currently for sale, but Apple did not buy the company. “Two words: ‘I wish!’” Pundsack wrote in an email. Wi-Gear developed and manufactured Bluetooth accessories optimized for use with Apple’s iPod and iPhone product lines. The company was recently forced to shut down its operations due to lack of funding.

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Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.