Thursday, 29 May 2014

Apple makes it official: $3 BEEELLION for Beats

Personally I would have thought Monster were a better fit in terms of hardware but I guess they don't have a online music store presence.

Whats really interesting is suddenly Apple now makes apps for Windows phone (Try getting Google to do that) and Android!

From The Inq:

Apple has confirmed weeks of speculation, announcing that it has agreed to acquire Beats Electronics for $3bn.
The company on Wednesday issued a formal announcement revealing a deal which will see the House that Steve Built shell out $2.6bn in cash and an additional $400m in payments that will vest over time to bring Dr Dre and company on board. The final price was slightly lower than the $3.2bn figure which circulated when word of the deal first broke in May.