“Apple will pay $8 a share to purchase AuthenTec for $356 million, in a strategic move designed to further position the iPhone in the center of the electronic payment market,” Markin Abras reports for MacDirectory.
“AuthenTec, headquartered in Florida, makes sensor chips that are used in personal and mobile devices. Its fingerprint security technology is licensed worldwide and is currently used by several of Apple’s biggest competitors, including Samsung, HP and Dell for its desktop computers,” Abras reports. “Its fingerprint technology is also used in mobile phones in Japan in order to authenticate mobile payments. ”
Abras reports, “MacDirectory spoke with Karl Volkman, chief technology officer of SRV Network, Inc. , to further understand how Apple will position itself in the digital payment market.”
The full interview is here.
[Thanks to MacDailyNews Reader “Justin A.” for the heads up.]
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