Jul 27, 2012

Apple to buy AuthenTec mobile security firm for $356M
Share

Written by : Tom George| 0 | Business, Technology

According to a 139-page 10K form filed today, Apple is acquiring a 230-employee mobile security company called “AuthenTec” for $356 million. Apple’s $8 per-share offer is at a pre…

 

The company owns 200 patents covering fingerprint sensors and sensor packaging, software, and end use. AuthenTec makes a variety of security tools, including a number of fingerprint scanners like the ones on the Motorola Atrix phone sold by AT&T, and it is responsible for the security behind the HBO Go app. The products range from secure networking and content and data protection to access control and fingerprint security on PCs and mobile.

Apple could use Authentec’s products in wallet applications, or just as a secure authentication mechanism for future products, which many businesses demand.

Read more at http://9to5mac.com/2012/07/27/apple-to-buy-authentec-mobile-security-firm-for-8share/#vpZeVwxsHMlfYLky.99
See on 9to5mac.com

Enhanced by Zemanta

Tags: , , , , , , ,

Follow Me!

Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.
Follow Me!
0

Content Curator

Tom George

Founder and CEO of Internet Billboards. A futurist and serial entrepreneur, as well as a professional fitness trainer, martial artist, and business strategist. Helped to develop inbound advertising. An avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.

More Curations by Tom