Report: Apple buys Melbourne-based AuthenTec

SEC filings show Apple bought fingerprint sensor, security technology company

Headline Goes Here
Apple is bound to refresh its MacBook Air in 2012, and the new model (which would be the 6th generation) is guaranteed to drive refurb prices down even lower.

MELBOURNE, Fla. - Apple Inc. has purchased a fingerprint sensor and security technology company AuthenTec out of Melbourne for $356 million, Local 6 news partner Florida Today reports.

According to SEC filings and reports, the sale valued the company at $8 per share, a 58 percent premium over its $5.07 close on Thursday.

A filing with the Securities and Exchange Commission indicated the deal happened Thursday.

CNET reported Friday morning that an AuthenTec spokesman confirmed the deal but offered no additional details.

AuthenTec, a spinoff from Harris Corp., started 14 years ago, as a developer of fingerprint-scanning technology for personal computers, cell phones and other devices.

The company employs 230 people, about 75 of them in the Melbourne headquarters, 100 Rialto Place in Melbourne. Larry Ciaccia, who had previous stints at Harris Corp., Intersil Corp. and Conexant Systems Inc., was named AuthenTec's president and chief executive officer in September 2010.

AuthenTec customers include Samsung, Lenovo and Dell.

Copyright 2012 by All rights reserved. This material may not be published, broadcast, rewritten or redistributed.