Friday, July 27, 2012

Apple : Apple grabs up mobile security firm AuthenTec for $356 million

Apple : Apple grabs up mobile security firm AuthenTec for $356 million


Apple grabs up mobile security firm AuthenTec for $356 million

Posted:

Apple grabs up mobile security firm AuthenTec for $356 million

At last count, Apple's cash hoard stands at more than $117 billion, but they'll be making a withdrawal of $356 million after a report Friday confirming their acquisition of security firm AuthenTec.

Founded in 1998, AuthenTec specializes in fingerprint scanning technology specifically aimed at mobile products like Apple's iOS devices.

Apple's acquisition of the Melbourne, Fla.-based security firm is Cupertino's second largest to date, which includes AuthenTec shareholders receiving $8 per share - a nearly 60 percent increase over Thursday's closing stock price.

Security advantage

Current "top tier" AuthenTec customers include Apple patent rivals Nokia, Motorola and Samsung, who together with a handful of other corporations have bought up more than 100 million of the company's fingerprint scanning sensors.

The firm specializes in sensors than can be embedded into computers and are capable of reading the image of a fingerprint while also detecting motion and patterns.

Apple's acquisition also includes a $20 million payment for non-exclusive licenses and "certain other rights with respect to hardware technology, software technology and patents."

Additionally, this gives Cupertino 270 days to purchase related technology and patents on the same terms for an additional sum of up to $115 million.

The iPhone maker is expected to incorporate AuthenTec technology into future iOS devices in an effort to beef up their security, which is becoming increasingly more important as business become attracted to the iPhone and iPad.

Week in Tech: Asus talks Nexus 7 and Apple launches its latest salvo

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Week in Tech: Asus talks Nexus 7 and Apple launches its latest salvo

Fancy a shiny new tablet? Then get yourself to the Carphone Warehouse: from Friday, you'll be able to buy Google's blockbusting Nexus 7 from the phone retailer.

The Nexus has been a big hit - so much so that Google's sold out of the 16GB version, which is currently "coming soon" on the Play Store. No such worries for the Carphone Warehouse whose site, at the time of writing at least, is offering the 16GB model on next day delivery.

While everyone calls the Nexus 7 a Google tablet, it's actually made by Asus - and the firm has taken the very unusual step of sending us details of its involvement in the project. It's fascinating stuff, not least because of the speed at which the project took shape: as Dan Grabham explains, "the idea for the device was only born in January". The whole project was turned around in just four months, compared to the usual six to twelve month product cycle.

YouTube : http://www.youtube.com/watch?v=wMt_7XbR0ms

As an insight into how firms design hardware, it's very interesting: Asus thought about everything from how headphone cables might fall across the screen to whether your hands could block the microphones when you want to use Skype.

Asus also explained the lack of microSD card slot and rear camera: Asus "believes the main usage scenario for the device will be based around the cloud, using the wide range of popular cloud-based services to access their digital media" so there's no need for extra solid-state storage, while the camera didn't make the cut because they couldn't do a good one cheaply enough.

Mountain excitement

Over in Mac land, the big news is of course the release of Mountain Lion, the latest version of OS X. "The ninth major version of OS X adds more than 200 new features," Alan Stonebridge says, and it's cheap: just £13.99 via the Mac App Store.

"As with last year's Lion, some older Macs aren't invited to the party - for example, Core 2 Duo MacBook Pros aren't compatible - and some features, such as Power Nap, only work on recent MacBook Airs and the retina MacBook Pro.

Is it any cop? At £13.99, Stonebridge says, Mountain Lion is a bargain for Notification Center alone: "When you're swamped with meeting alerts and emails all day long, it's a convenient way to filter out some noise, while remaining in touch with people who matter."

It's not a massive upgrade to Lion, but there are enough new features and worthwhile improvements to make you feel that your fourteen quid is money well spent. It's not perfect - the lack of colour in the interface isn't ideal, and the iCloud file system "makes a long-winded job of doing things with different types of document" - but it's still a worthwhile update.

Our columnist Gary Marshall reckons that Mountain Lion is no big deal, and that in itself is a big deal. "I'd much rather have a cheap and relatively undramatic annual upgrade than a big blockbuster release every three or four years," he says. "I want my computer to work like my car does: quietly, efficiently, and without bursting into flames when I just want to go to work."

Did someone mention cars? Yes - us, and we've got a whole channel to do it in. Here's James Rivington to tell you about the coming revolution in car technology: "The next few years in car tech are going to be absolutely manic," he says, pointing out the growing complexity of in-car systems and manufacturers' embrace of smartphones and tablets.

We know what you're thinking ."If only there was an easy way to stay up to date with such developments!" Well, there is: our brand new Car Tech channel, which can tell you everything from which sat-nav system to buy to what the transport of the far future will look like. Pardon the pun, but our new car channel is wheely, wheely good.

Samsung sold twice as many phones as Apple in Q2, say analysts

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Samsung sold twice as many phones as Apple in Q2, say analysts

The launch of the Samsung Galaxy S3 helped the Koreans shift twice as many phones as the Apple iPhone in the last three months, according to analysts.

The 4.8-inch Android 4.0 device has already sold 10 million units to push Samsung to an estimated 52 million phones in the months spanning April, May and June.

The figure from Juniper Research dwarfs the total of 26 million iPhone handsets Apple announced for the same period on Tuesday, a figure which was, remarkably, a disappointment to folks on Wall Street.

The difference, according to Juniper has been established by the way Samsung has "leveraged its global brand strength and the popularity of the Android OS to drive sales of smartphones in all price tiers."

iPhone 5 syndrome

Where Samsung's numbers have been bolstered so strongly by the arrival of the majestic Galaxy S3, Apple's numbers have certainly been harmed by the impending arrival of its own next-gen device.

Had Apple released the iPhone 5 at the same time as the Galaxy S3 then those numbers would undoubtedly be much closer.

As it stands, Apple has experienced a quarter with fewer iPhone purchases than analysts expected as people are biding their time for the release of the iPhone 5, which is expected this autumn.

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