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Apple bulks up mobile security with $356M AuthenTec buy

Apple is getting serious about mobile security.

The Cupertino, Calif., company has agreed to acquire security technology company AuthenTec for $356 million, according to a filing with the Securities and Exchange Commission made by AuthenTec.

The $8-a-share offer for AuthenTec represents a 58 percent premium over its Thursday closing price of $5.07.

http://news.cnet.com/8301-13579_3-57481196-37/apple-bulks-up-mobile-security-with-$356m-authentec-buy/?tag=mncol;editorPicks

 

RepliesTypeAuthorRecsPost DatePost
GNtablet_coder007/30/2012, 10:32am