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July 27, 2012 04:09 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PdqtyhMwVy8/
Apple Buys Samsungs Android Security Partner AuthenTec For $356M
Amid fierce smartphone competition between Samsung and Apple that has spilled into a multinational patent battle, it looks like Apple may have opened yet another front on the M&A side: it is buying mobile security company AuthenTec -- which had only just signed a deal with Samsung for Android devices -- for $365 million.AuthenTec, among other things, makes fingerprint sensor chips that are used for security and identification purposes; these are embedded in computing devices. The news was first reported by Reuters; the full announcement was filed with the SEC.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PdqtyhMwVy8/
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