Apple Acquires Security Firm AuthenTec For $356 Million

Apple Acquires Security Firm AuthenTec For $356 Million

TechCrunch writes:

Amid fierce smartphone competition between Samsung and Apple that has spilled into a multinational patent battle, it looks like Apple may have opened yet another front on the M&A side: it is buying mobile security company AuthenTec — which had only just signed a deal with Samsung for Android devices — for $356 million.

AuthenTec is best known for its fingerprint sensor chips, and it will be interesting to see what this acquisition means for Apple.

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