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Apple Acquisition Target AuthenTec Sells Off Embedded Security Systems Division To Inside Secure - techcrunch.com
Back 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 security solutions, including encryption algorithms and other protections to a variety of mobile device makers including LG, Motorola, Samsung and Nokia, but that division is now being sold off to NFC company Inside Secure for around $48 million. The sale suggests Apple’s interest lies more in the company’s other products, including tools for fingerprint sensors and identity management that work with NFC, and use of its patent
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