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Showing posts with label $3.2 Billion. Show all posts
Showing posts with label $3.2 Billion. Show all posts

Thursday, 8 May 2014

Apple Close to Buying Beats Audio for $3.2 Billion

apple-computers
Could the next iPhone be powered by Beats Audio?................Yes.

Apple is reportedly closing in on its largest acquisition yet  - dropping a cool $3.2 billion on the purchase of Beats Electronics.

The deal could be announced as early as next week, people familiar with the negotiations said, but they cautioned that some details had yet to be agreed and talks could still fall apart.

A deal of this scale would represent a radical departure for Tim Cook, chief executive of the iPhone maker: under the late Steve Jobs, Apple was reluctant to pursue high-profile acquisitions.