Apple Confirms $3 Billion Deal To Buy Beats Electronics, Beats Music


Yep, it’s official. Apple has confirmed that they bought Beats Electronics, Beats Music for $3 Billion.

Digital Spy says, “Apple has agreed to pay $2.6 billion for the purchase price, as well as an additional $400 million over time.

“Music is such an important part of all of our lives and holds a special place within our hearts at Apple,” Apple CEO Tim Cook said in a deal announcement.

“That’s why we have kept investing in music and are bringing together these extraordinary teams so we can continue to create the most innovative music products and services in the world.”

Read the rest via – Digital Spy