DIGITAL JUICE
Friday, July 27, 2012
Apple buys AuthenTec in deal worth $356 million
Apple buys AuthenTec in deal worth $356 million:
Apple has signed a deal to buy a Florida-based company, AuthenTec, at a price of $8 per share or about $356 million, Reuters says. That's a premium of 58 percent over AuthenTec's Thursday closing value. While largely unknown to the public, the firm makes fingerprint sensor chips used in computers, and various other forms of security software and chips for cellphones; some of the company's clients include Dell, Fujitsu, Lenovo, and Samsung. Notably, the company also produces chips involved in near-field communication (NFC) technologies....


DIGITAL JUICE
DIGITAL JUICE
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