Thursday, September 29, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Offers $2.5 Million to Advance Conversational Artificial Intelligence
Raspberry Pi Upgraded With A Visual Overhaul Called Pixel
E FUN Nextbook Ares 11 2-in-1 Android Tablet Costs Just $179
Micron Opens Fab 10 Singapore NAND Flash Memory Fabrication Facility
Qualcomm in Talks to Buy NXP
Microsoft Creation New Artificial Intelligence and Research Group
Game of Thrones Enhanced Edition Comes To iBooks
Automakers Showcase Their Electric Vehicles At 2016 Paris Motor Show
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Apple C...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, May 28, 2014
Apple Confirms Acquisitions Of Beats Music And Beats Electronics


After weeks of rumors, Apple on Wednesday confirmed it has acquire headphone maker and music streaming service Beats for for $2.6B and $400M in stock.

The subscription streaming music service Beats Music, and Beats Electronics makes the popular Beats headphones, speakers and audio software.

As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple. Apple is acquiring the two companies for a total of $3 billion, consisting of a purchase price of approximately $2.6 billion and approximately $400 million that will vest over time.

"Music is such an important part of all of our lives and holds a special place within our hearts at Apple," said Tim Cook, Apple's CEO. "That's why we have kept investing in music and are bringing together these extraordinary teams so we can continue to create the most innovative music products and services in the world."

"The addition of Beats will make our music lineup even better, from free streaming with iTunes Radio to a world-class subscription service in Beats, and of course buying music from the iTunes Store as customers have loved to do for years," said Eddy Cue, Apple's senior vice president of Internet Software and Services.

Subject to regulatory approvals, Apple expects the transaction to close in fiscal Q4.

The deal shows the Cupertino, California-based company is serious about introducing its own music-subscription service. Apple took a step in that direction last year, introducing iTunes Radio, an ad-supported music-streaming service that competes with Pandora.

While Apple?s iTunes remains the world?s largest seller of music, it only offers downloads of single tracks and albums.




Previous
Next
Samsung Starts Mass Producing 32-Layer 3D V-NAND Flash Memory, Its 2nd Generation V-NAND Offering        All News        Samsung Launches Digital Health Initiative
Iranian Hackers Use Fake Social Media Accounts To Spy     General Computing News      Samsung Launches Digital Health Initiative

Get RSS feed Easy Print E-Mail this Message

Related News
Apple Partners With Deloitte In New Enterprise Push
New Macbook Air, Macbook Pro 2016 Comig Next Month
Apple Develops Amazon Echo-Style Device
McLaren CEO Says There Are No Discussions With Apple
macOS Sierra Now Available As An Update
Apple Unit Ordered To Pay 12bn Yen Bill For Unpaid Taxes
Japan Could Probe Apple And Google Over Unfair Practices
iOS 10 Software Created Problems To Apple Devices
Apple Unveils The iPhone 7, iPhone 7 Plus Smartphones, And Apple Watch Series 2
Apple To Debut Wireless Earbuds For iphone 7: report
EU Orders Apple To Pay Ireland 13 billion Euros in Tax
Apple To Hold September 7 Event For New iPhone 7

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .