Beats Electronics, the famed headphone maker and audio specialist that was at one point in time partially owned by HTC, may soon be acquired by Apple. The news comes from The Financial Times, which reports that the deal could be Apple’s largest ever acquisition at $3.2 billion. Senior management at Beats will reportedly be retained and will report directly to Apple CEO Tim Cook. Also part of the acquisition in addition to the company’s consumer electronics line will be Beats’ streaming music on demand service, of course. Unnamed sources told FT that the deal could be announced as soon as next week.
Rumored $3.2 billion Beats deal would be Apple’s largest ever acquisition
Updated May 8th, 2014 6:21PM EDT
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
