Apple set to get Beats in $3.2B deal

[jayanji]

Apple is set to acquire headphone maker and music company Beats Electronics for a reported $3.2 billion.

The acquisition could be announced as early as next week, the Financial Times reported, based on people familiar with the negotiations. USA TODAY independently confirmed the talks through a source who is not authorized to speak publicly about it.

http://www.usatoday.com/story/tech/2014/05/08/report-apple-to-acquire-beats/8868913/

 

[jayanji]

Late on Thursday, a rumor started spreading that Apple was going to be making the largest acquisition in company history. For $3.2 billion, Apple was rumored to be purchasing Beats Audio, a company once 50.1% owned by handset manufacturer HTC. This morning, 'confirmation' of the deal came from a video selfie made by one of the deal's major players, Dr. Dre.

The selfie, which was found on R&B singer Tyrese Gibson’s Facebook page, is not exactly censored for language. In other words, it is NSFW. In the video selfie, Dr. Dre is celebrating his role as the "First billionaire in hip-hop, right here on the mother-f$%&*#$ west coast." Actually, the good Doctor might have been a bit premature as one analysis of his net worth after the deal comes to $800 million. Still, that is quite an accomplishment.

http://www.phonearena.com/news/Video-selfie-from-Dr.-Dre-confirms-that-Apple-will-buy-Beats-Audio_id55974