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AuthenTec to be aquired by Apple for $356 million

Apply buys AuthenTec, maker of fingerprint sensors, according to new report.

Jul 27 2012, 7:12am CDT | by

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AuthenTec to be aquired by Apple for $356 million
 
 

Apple is to buy AuthenTec for $356 million according to Reuters. AuthenTec is a maker of fingerprint sensor chips. Fingerprint sensors are no pretty common on Windows laptops. It looks like Apple is...

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"we expect to spend a little bit under $1 billion in retail stores and the other $9 billion is spent in a variety of areas. We’re buying equipment that we will own that we will put in our partners facilities. Our primary motivation there is for a supply, but we get other benefits as well."


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AuthenTec to be aquired by Apple for $356 million

Apple is to buy AuthenTec for $356 million according to Reuters. AuthenTec is a maker of fingerprint sensor chips. Fingerprint sensors are no pretty common on Windows laptops. It looks like Apple is bringing this biometrical authentication to MacBooks soon.

About AuthenTec:

AuthenTec is a leading provider of mobile and network security. Our diverse product and technology offering helps protect individuals and organizations through secure networking, content and data protection, access control and strong fingerprint security on PCs and mobile devices. 

AuthenTec encryption technology, fingerprint sensors and identity management software are deployed by the leading mobile device, networking and computing companies, content and service providers, and governments worldwide. AuthenTec’s products and technologies provide security on hundreds of millions of devices, and the Company has shipped more than 100 million fingerprint sensors for integration in a wide range of portable electronics including over 15 million mobile phones.  

Top tier customers include Alcatel-Lucent, Cisco, Fujitsu, HBO, HP, Lenovo, LG, Motorola, Nokia, Orange, Samsung, Sky, and Texas Instruments. 

 

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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