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.