Home Merger & Acquisitions Apple Acquires Mobile and Network Security Firm AuthenTec
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Apple Acquires Mobile and Network Security Firm AuthenTec

On July 27 Apple acquired AuthenTec, who provides encryption technology, fingerprint sensors and identity management software, for $356 million. After filing a shareholder notification document related to this acquisition with the SEC it was apparent that Apple was in a hurry to acquire the company’s fingerprint scanning technology, and while this has many potential uses it could be a key differentiator for mobile payment security.

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