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 attacks appear unrelated to an episode in which hackers stole nude photos from the iCloud accounts of several U.S. celebrities.
"We roughly know who they are. If we can take them out of the equation then the rest will fall down," Troels Oerting said.
Facebook, like Twitter and YouTube, is inaccessible in Iran on the grounds that the sites undermine Islamic values.
The firm said it brought the case in an effort to force the government to be more transparent about personal data requests.
Partner news