Authentec
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Apple has purchased Authentec, a company which provides security hardware and software for PCs and mobile devices. Authentec's current customers include Cisco, Fujitsu, HBO, HP, Lenovo, LG, Motorola, Nokia, Orange, Samsung, Sky, and Texas Instruments. The security firm was trading at $5.07 at market close last night, but Reuters reports that Apple will pay $8 a share, making the total purchase price $356 million.
- Part of Speech: proper noun
- Industry/Domain: Business services
- Category: International business
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- Silentchapel
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