Tag: Apple Beats

Apple to acquire Beats for $3 billion

Apple Beats

After several reports, Apple today confirmed that it has agreed to buy Beats Music and Beats Electronics for a total of $3 billion. Beats co-founders Jimmy Iovine and Dr. Dre will join Apple along with their team of employees. Apple will pay $2.6 billion in cash and $400 million in stock. This marks the largest acquisition ever made by Apple. Continue reading “Apple to acquire Beats for $3 billion”

Apple to reportedly buy Beat Electronics for $3.2 billion

Apple is planning to buy Beats Electronics for $3.2 billion, according to a report from the Financial Times. Announced as soon as by next week, the deal will be Apple’s biggest acquisition to this date. The report was further confirmed by The Wall Street Journal, The New York Times and re/code.

beats_by_dr_dre_logo Continue reading “Apple to reportedly buy Beat Electronics for $3.2 billion”