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Apple buys fingerprint security firm AuthenTec for $350 mln | US-based tech giant Apple has purchsed fingerprint sensor technology developer
AuthenTec for about
350 million dollars, according to a report. AuthenTec, which signed a deal with
the iPhone maker's rival Samsung less than two weeks ago, said in its filing that
Apple is paying eight dollars a share in the deal. Under the agreement, Apple
also has the right to pay patent licenses totaling as much as 115 dollars million,
the Telegraph reports. Apple can now shore up its biometric features, which help
maintain security on devices. According to the paper, the purchase is likely to
further accelerate the trend for workers to bring their own devices to work, as
iPhones and iPads should be able to make secure connections to corporate networks
more easily.
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