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November 19, 2012 06:08 pm GMT

Apple Acquisition Target AuthenTec Sells Off Embedded Security Systems Division To Inside Secure

Apple buys AuthenTecBack in July, Reuters reported that Apple was looking to acquire mobile security solutions company AuthenTec for around $356 million. Part of the company's business involved providing embedded mobile security but that division is being sold off to NFC company Inside Secure for around $48 million. Still, it looks like there's reason to believe this move suggests continued interest in NFC.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/cIJbSmi-exg/

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