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Posts Tagged ‘Beats Electronics’

By Nadia Damouni, Christina Farr and Nicola Leske SAN FRANCISCO (Reuters) – Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker. A second […]

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Apple is reportedly close inking to a deal to acquire the luxury headphone maker Beats Electronics for a staggering $3.2 billion, which would be the companys largest acquisition ever.

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(Reuters) – Apple Inc is close to buying headphone maker Beats Electronics for $3.2 billion, the Financial Times reported. The purchase of Beats, which also runs a streaming music service, would be Apples largest ever acquisition, the newspaper reported.

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