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56Chevy

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Friday, 07/27/2012 2:32:19 PM

Friday, July 27, 2012 2:32:19 PM

Post# of 178
Apple to buy fingerprint sensor maker AuthenTec

Fri Jul 27, 2012 1:33pm EDT

(Reuters) - Apple Inc (AAPL.O) will buy fingerprint sensor technology developer AuthenTec Inc (AUTH.O) for about $356 million, in a deal that could put its iPhone at the center of the emerging mobile payments market.

Apple is paying $8 per share, a 58 percent premium, for Melbourne, Florida-based AuthenTec, which counts Korean mobile device maker Samsung Electronics Co Ltd (005930.KS) among its big customers.

[....]

http://www.reuters.com/article/2012/07/27/us-authentec-acquisition-apple-idUSBRE86Q0KD20120727




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