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Apple to buy AuthenTec for $356M

Tags: Apple

AuthenTec Inc. (AUTH-Q), which makes fingerprint sensor chips used in personal computers, said it agreed to be bought by Apple Inc. (AAPL-Q) for about $356 million US.

Apple's $8 per-share offer is at a premium of 58 percent over AuthenTec's Thursday close of $5.07. CTV Two CTV News CTV News Channel BNN - Business News Network CP24