Thursday, August 16, 2012

NFC + Fingerprint Biometrics = Cha-ching?

Apple wanted AuthenTec's "new technology" ASAP for future products (Ars Technica)
There's a hint that, whatever the tech involved, we won't have long to wait. According to AuthenTec's account, Apple wanted to hurry the buyout deal due to its own plans. "Representatives of Apple also noted Apple’s desire to proceed quickly due to its product plans and ongoing engineering efforts," reads the SEC filing. "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."