Apple to buy mobile security firm AuthenTec for $356mln

Apple to buy mobile security firm AuthenTec for $356mln

PanARMENIAN.Net - Apple has agreed to acquire mobile and network security firm AuthenTec for $356 million.

According to Mashable, Apple has offered $8 per share, a 58% premium over AuthenTec’s Thursday close price of $5.07.

AuthenTec’s line of products includes smart fingerprint sensors for PCs, smartphones and other products as well as identity management software for individuals and businesses.

The company’s clients include HP, LG, Cisco, Motorola, Nokia and others.

 Top stories
While camera types, resolutions and settings vary - a 512GB card could potentially hold around 30 hours of HD video.
“VivaCell-MTS looks at the future through the eyes of the young generation,” the company’s General Manager Ralph Yirikian said.
San Francisco-based Lift Labs is the developer of smart eating equipment laden with sensors which detect tremors.
The phones support Wi-Fi speeds of up to three times faster than before and allow users to make calls over a wireless connection.
Partner news