Apple pays $356 million for security company AuthenTec
In a deal that should help Apple boost its enterprise security offerings, the iPhone maker is planning to buy mobile security company AuthenTec for $8 per share or a little over $356 million, AuthenTec said on Friday.
AuthenTec provides security software and hardware for mobile phones, PCs and networks, according to the company's website.
Earlier this month, AuthenTec closed a deal with Samsung that would put its QuickSec VPN security into new Android smartphones and tablets.
The Florida company's products and technologies are used in "hundreds of millions of devices", and AuthenTec said it has shipped more than 100 million fingerprint sensors for integration in a wide range of portable electronics including over 15 million mobile phones. Other customers include Motorola, Nokia, Lenovo and LG. Read more...
In Netflix vs Lovefilm, the winner (probably) takes nowt
It isn't exactly your cliche of two bald men fighting over a comb, but victory in the battle royale between Netflix and Amazon's Lovefilm might not mean much to the eventual 'winner'.
Both of these video-on-demand offerings have their roots in the DVD-by-post business; in fact, that's the service that Netflix pioneered in the US, and which LoveFilm copied in the UK. Both will stream to your laptop, fondleslab or games console. Both are also members of DECE, the consortium behind UltraViolet, and hope to piggyback onto the aforementioned anti-piracy system in the long-term. Their prices are similar, too. LoveFilm has cut its fee to £5 a month, while Netflix launches at £5.99 with the first month free. Read more...