Apple buys AuthenTec for $356m, acquires fingerprint technology

  • Middle East: Sunday, July 29 - 2012 at 11:14

Apple Inc. is set to buy fingerprint sensor technology developer AuthenTec Inc. for around $356m, Reuters has reported. AuthenTec, spun off from Harris Semiconductor in 1998 and which went public in 2007, provides mobile security software licenses to companies like Samsung, and fingerprint sensor technology to computer makers such as Hewlett-Packard Co and Dell Inc.

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