Friday, 9 May 2014

Apple Considering Purchase of Beats Electronics for $3.2 Billion

beats-by-dre_jpg__1000×666_According to a report out of Financial Times, Apple is currently negotiating a purchase of Beats Electronics to the tune of $3.2 billion. The deal could be made official as soon as next week, but from what sources state, a few terms have yet to be ironed out. If the deal does go through, for the $3.2 billion, it would be Apple’s largest acquisition to date.
The deal would be unlike HTC’s 2011 51% $500 million acquisition of Beats, as Apple’s deal would be for all aspects of the company; not just a majority share. It would include all of the hardware, the streaming music service, and anything else that falls under the Beats name.



via:financial times

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