Apple to buy Beats for $3.2 Billion USD
Although currently just a rumour, the Financial Times are reporting that Apple is in talks to acquire Beats and the Beats by Dre entity. The supposed deal would see tech behemoth Apple purchasing the Dr. Dre and Jimmy Iovine created beats for $3.2 Billion USD. Interestingly enough this would be Apple’s largest acquisition ever. While there is much speculation how beats would actually be incorporated into apples product line, there hasn’t been any information pointing to a concrete direction.
We’ll give you the update when we get more information.