It's Official: Apple Buys Beats For $3 Billion
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Apple has confirmed its purchase of Beats Electronics for $3 billion, the company confirmed to USA Today Wednesday afternoon.
"We're gaining rare talent, a fast-growing subscription service and premium headphones that have done incredibly well, but none of those are the reason for doing this deal," CEO Tim Cook told the newspaper.
Cook also said that Beats will remain a standalone brand, and that Dr. Dre and Jimmy Iovine "will spend more time in Silicon Valley."
0 Comments
View Comments
- Companies:
- Apple
- Beats Electronics
Related Content






Comments