Apple Buys Samsung?s Android Security Partner AuthenTec For $365M

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 signed a deal with Samsung for Android devices 10 days ago -- for $365 million. AuthenTec 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.

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