Subscribe to this page now.

Apple's AuthenTec purchase already under investigation

07/27, 9:46pm

Board of directors of AuthenTec accused of price manipulation

Following Apple's announcement yesterday of its $356 million acquisition of biometrics and near-field communications company AuthenTec, two law firms are investigating the acquired company's board of directors for potential public undervaluations prior to its sale to Apple. Even the allegation of such impropriety could delay the acquisition of the company, according to federal rules. Neither company has released a statement on the accusations.

more

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    Cat B100

    Cat is primarily known for its heavy-duty machinery used in the construction industry and farming, among other areas. What may not be ...

    Linksys EA6900 AC Router

    As 802.11ac networking begins to makes its way into more and more devices, you may find yourself considering an upgrade for your home ...

    D-Link DIR-510L 802.11AC travel router

    Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News