Proving that security remains a key part of any mobile conversation, it looks like Apple will buy AuthenTec for $355 million. It’s interesting that this came up via a SEC filing rather than a press release. I guess something that only represents $8/share for a $595/share company isn’t all that big a deal.
Seriously though, a lot of companies are very scared about security in a more mobile world. Highly regulated industries like Finance and Healthcare have good reason to think about it. Security breaches can cost them millions of dollars in fines. A few excerpts from the article at CRN.
AuthenTec manufactures a range of secure networking, content and data protection technologies used in both PCs and mobile devices. But the Melbourne, Fla.-based company is best known for its fingerprint sensors and identify management software, used to block the access of unauthorized users on notebooks, smartphones, and tablets.
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In a similar effort to dispel these beliefs, Apple made its debut appearance at the security-focused Black Hat conference in Las Vegas this week, with Dallas De Atlet, manager of the platform security team at Apple, leading a session focused specifically on iOS security technologies.