Apple Buying Mobile Security Vendor AuthenTec For $355 Million

From CRN:

Apple is gearing up to buy mobile security firm AuthenTec in a deal that could lead to tighter security protocols on its iPhone and iPad, making the traditionally consumer-focused devices more suited to enterprise users.

The acquisition, announced in an 8-K filing that AuthenTec submitted to the Security Exchange Commission Friday, will cost Apple $8 a share or about $355 million, according to a figure provided by The Wall Street Journal.

AuthenTec manufactures a range of secure networking, content and data protection technologies used in both PCs and mobile devices. But the Melbourne, Fla.-based company is best known for its fingerprint sensors and identify management software, used to block the access of unauthorized users on notebooks, smartphones, and tablets.

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