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We learned Friday that Apple has agreed to buy mobile tech security developer AuthenTec Inc. According to insider accounts, Apple will cough up more than $350 million to close the...
07-27-2012, 11:13 AM #1
Apple Acquiring Mobile Tech Security Giant AuthenTec for $356 Million
We learned Friday that Apple has agreed to buy mobile tech security developer AuthenTec Inc. According to insider accounts, Apple will cough up more than $350 million to close the deal.
If you're not familiar, AuthenTec is a leading maker of a cutting-edge fingerprint sensor technology that, presumably, will come to a future-generation iPhone as the company ramps up efforts to make the device the safest and most secure smartphone on the market today.
Word of the acquisition is not based on rumors or hearsay. AuthenTec indirectly confirmed the deal in a regulatory filing that was issued last night. As a result, company shares exploded 63 percent today as AuthenTec reached $8.25 on Nasdaq.
AuthenTec, which was spun off from Harris Semiconductor in 1998 and went public in 2007, provides mobile security software licenses to companies like Apple's arch rival Samsung Electronics Co Ltd (005930.KS) and provides fingerprint sensor technology to computer makers such as HP and Dell Inc.
07-27-2012, 11:15 AM #2
With more security comes fewer exploits, hopefully this won't affect jailbreaking in any way.Great minds discuss ideas.
Average minds discuss events.
Small minds discuss people.
07-27-2012, 11:43 AM #3
07-27-2012, 11:55 AM #4
I'd like to see how they use this in the iPhone. Also with the metal back they could possibly use it as wireless charging. Just sayin
07-27-2012, 01:12 PM #5
07-27-2012, 01:49 PM #6
07-27-2012, 04:37 PM #7
dell already uses this kind of technology on its computers.
07-27-2012, 05:34 PM #8
07-27-2012, 05:35 PM #9
Apple once again buying out companies just so that no one else can get their hands on the technology that would beat out apple.
07-28-2012, 07:30 AM #10
No one uses it on phones. That's why it's mentioned as possibly coming to a phone.
TomTom made GPS units before the iPhone came out in 2007 with Maps on it...you could argue "TomTom has maps in it's GPS devices." But that doesn't really matter, now does it? lol.
07-29-2012, 08:52 AM #11
07-29-2012, 09:54 AM #12
Every time I see you post it's just you making some retarded comment about apple. They don't even make sense. I hope your retarded or 12 years old because if your not the only excuse for your comments is that your stupid.
Mmi should introduce a new user title "Troll" that we get to vote people in to having.
Last edited by Rob2G; 07-29-2012 at 10:00 AM.