Apple to Acquire AuthenTec and its Deep Mobile Security, Touch, Swipe, Fingerprint, and NFC Portfolio
A Reuters report stated that Apple will buy the company for $365 million, or $8.00 per share--a generous markup over yesterday’s closing price of $5.07 per share.
Apple will soon own this and the rest of AuthenTec's portfolio
AuthenTec has a nice-looking portfolio of products that range from identity management software with fingerprint sensors to NFC technology, which Apple can no doubt find useful. For some of Apple’s competitors, the acquisition means that they’ll (perhaps begrudgingly) be more beholden to the company, as AuthenTec lists Alcatel-Lucent, Cisco, Fujitsu, HBO, HP, Lenovo, LG, Motorola, Nokia, Orange, Samsung, Sky, and Texas Instruments as some of its higher-profile customers.