Apple senior vice president of hardware engineering Dan Riccio has confirmed the acquisition to Stuff New Zealand, saying that the company wants "to bring truly effortless charging to more places and more customers around the world." He didn't say how much money changed hands, but according on the investor info Stuff gathered, it could be in the upper tens of millions of dollars. PowerbyProxi chief Fady Mishriki revealed, however, that his team is joining Apple but will continue working from their native country.

Cupertino added Qi compatibility to the iPhone 8, the iPhone 8 Plus and the iPhone X, so future phones will definitely inherit the feature. It's unclear what Apple is planning to do with PowerbyProxi's team and technology, but we'll likely see the results in future hardware reveals.