The apple company wanted AuthenTec’s “new technology”

Aug. 17, 2012 - PRLog -- The PREM14A papers (hat tip to TNW) were registered as a result of Apple’s acquisition of protection processor company AuthenTec, and it disclosing more information about the contract between the two companies, as well as suggestions about Apple’s upcoming technological engineering plans.

“At the conference, a associate of Apple organization mentioned Apple’s perspective that $7.00 per discuss showed a cost that other audience would be reluctant to pay,” Authentic had written in the SEC processing. “The associates of Apple organization also mentioned that the Company should perspective the cost as very eye-catching in light of the Business’s growth leads, observing specifically the difficulties that the Company would face in viably creating the new technology for other large technology producers, which have a multitude of different smart phone systems, contrary to Apple’s unique filter product foundation, which allows for oneness of design in element parts across significant unit amounts.”
According to the papers, Apple organization tried to woo Authentic by disagreeing that its provide would allow the organization to develop technological innovation for just one foundation instead of many.

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