Mobile payments may be headed Apple’s way after their recent purchase

mobile payments

The company will acquire AuthenTec and its fingerprint sensor technology. Apple Inc. has just struck a $356 million deal to purchase AuthenTec Inc., the fingerprint sensor technology developer, which could send its iPhone smartphones directly into the middle of the mobile payments market. This marketplace is already experiencing rapid growth and should explode before the end of the year. Some investors are expecting a rival bid to occur as the shares of AuthenTec closed at higher than the $8 which would be paid by Apple in the deal. The agreement…

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