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Apple Acquires Beats for $3 Billion USD

Hypebeast - 28 May 2014 23:25
Apple Acquires Beats for $3 Billion USD A full churn of the rumor mill and an infamous viral video (ft. Tyrese) later, Apple has finally officially announced its purchase of Beats Electronics and Music - it's biggest acquisition ever. Sweetening the deal, Beats co-founders Dr. Dre and Jimmy Iovine will also be adopted into the Apple family. Cupertino's finest settled on a $3 billion price tag for both the electronics division and music subscription service, by no means a small price but less than the original projection of $3.2 billio...
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