News
Is super-awesome, hi-tech fingerprint technology heading to Apple products like the the iPhone, iPad and even the Mac store?
Fingertips crossed!
At the end of July, Apple paid $356 million to buy the fingerprint authentication products maker AuthenTec Inc. In a Securities and Exchange Commission filing Wednesday, it seems that Apple was in a hurry to get the deal done as soon as possible.
Check out this chunk of text from the "Background of the Merger" section of the filing:
"Representatives of Apple also noted Apple’s desire to proceed quickly due to its product plans and ongoing engineering efforts. As a result of its focus on timing, Apple’s representatives also informed the Company that Apple would not participate in an auction process and would rescind its proposal if the board decided to solicit alternative acquisition proposals for the Company."
The filing never explicitly says that Apple is interested in the fingerprint technology piece of AuthenTec's portfolio of products, definitely the coolest of its offerings.
Source: Deborah Netburn, LA Times

