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
The company is determined to suspend the provision of free Wi-Fi, until the intervention into its infrastructure is stopped.
"The issue was caused by a duplicate chart for Reagan National Airport in American's chart database," said Mike Pound.
Samsung said demand for the S6 Edge has exceeded expectations but the limited supply for the curved displays restricted sales.
“Today’s Demo Day was like other Demo Days in the world in terms of the quality and innovation of ideas,” Raffi Krikorian said.
Partner news