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05-29-2014, 01:00 AM
Apple Confirms It Will Buy Beats for $3 Billion
http://rack.3.mshcdn.com/media/ZgkyMDE0LzA1LzI4L2MzL0FwcGxlX0JlYXRzLjQ5NTEwLnBuZw pwCXRodW1iCTU3NXgzMjMjCmUJanBn/a18a8726/069/Apple_Beats_1.png.jpghttp://rack.3.mshcdn.com/assets/feed-tw-df3e816c4e85a109d6e247013aed8d66.jpg (http://twitter.com/share?via=Mashable&text=Apple+Confirms+It+Will+Buy+Beats+for+%243+Bil lion&src=http%3A%2F%2Fmashable.com%2F2014%2F05%2F28%2Fa pple-buy-beats-3-billion%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss)htt p://rack.1.mshcdn.com/assets/feed-fb-fdab25e3700868c9621fb03b7fd07c38.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2014%2F05 %2F28%2Fapple-buy-beats-3-billion%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_medium%3Dfeed%26utm_source%3Drss&src=sp)
Apple confirmed (http://www.businesswire.com/news/home/20140528006701/en/Apple-Acquire-Beats-Music-Beats-Electronics#.U4ZHyZRdUwI) on Wednesday that it will buy Beats Electronics and Beats Music for $3 billion.
Apple (http://www.mashable.com/category/apple?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=) is buying the two companies for a purchase price of about $2.6 billion and approximately $400 million that will vest over time. Beats cofounders Jimmy Iovine and Dr. Dre will join Apple (http://mashable.com/category/apple/?utm_medium=feed&utm_source=rss). Rumors of the acquisition surfaced (http://mashable.com/2014/05/08/apple-beats-deal/?utm_medium=feed&utm_source=rss) earlier this month.
See also: Top 25 Free iPhone Apps of All Time (http://mashable.com/2013/05/20/best-free-iphone-apps/?utm_medium=feed&utm_source=rss)
“Music is such an important part of all of our lives and holds a special place within our hearts at Apple,” Tim Cook (http://mashable.com/category/tim-cook/?utm_medium=feed&utm_source=rss), Apple’s CEO, said in a statement. “That’s why we have kept investing in music and are bringing together these extraordinary teams so we can continue to create the most in**vative music products and services in the world.” Read more... (http://mashable.com/2014/05/28/apple-buy-beats-3-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Apple (http://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Beats (http://mashable.com/category/beats/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/EkHb2Ez2TAg
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Apple confirmed (http://www.businesswire.com/news/home/20140528006701/en/Apple-Acquire-Beats-Music-Beats-Electronics#.U4ZHyZRdUwI) on Wednesday that it will buy Beats Electronics and Beats Music for $3 billion.
Apple (http://www.mashable.com/category/apple?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=) is buying the two companies for a purchase price of about $2.6 billion and approximately $400 million that will vest over time. Beats cofounders Jimmy Iovine and Dr. Dre will join Apple (http://mashable.com/category/apple/?utm_medium=feed&utm_source=rss). Rumors of the acquisition surfaced (http://mashable.com/2014/05/08/apple-beats-deal/?utm_medium=feed&utm_source=rss) earlier this month.
See also: Top 25 Free iPhone Apps of All Time (http://mashable.com/2013/05/20/best-free-iphone-apps/?utm_medium=feed&utm_source=rss)
“Music is such an important part of all of our lives and holds a special place within our hearts at Apple,” Tim Cook (http://mashable.com/category/tim-cook/?utm_medium=feed&utm_source=rss), Apple’s CEO, said in a statement. “That’s why we have kept investing in music and are bringing together these extraordinary teams so we can continue to create the most in**vative music products and services in the world.” Read more... (http://mashable.com/2014/05/28/apple-buy-beats-3-billion/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Apple (http://mashable.com/category/apple/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Beats (http://mashable.com/category/beats/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/EkHb2Ez2TAg