Why Apple Is Buying AuthenTec

Cult of Mac writes, Apple announced its intention this week to buy AuthenTec for about $355 million. If approved, the acquisition will bring several things to Apple, including the acceleration of its mobile wallet initiative; good technology for encrypting data and content, such as movies; and patent protection for several areas of mobile security. The biggest thing Apple gets out of this is probably a strong play for using biometrics for identity in general — for online and brick-and-mortar purchases, for logging into web sites and even for digital signatures. And it doesn’t hurt that taking AuthenTec...

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