According to a latest update, the tech giant Apple Inc has agreed to buy Florida-based fingerprint sensor technology developer AuthenTec Inc. If reports are to be believed, Apple has closed the latest deal for 8.00 per share or about $356 million.

It is worth noticing, AuthenTec went into a type of corporate transaction and formed a new company Harris Semiconductor in 1998 and which went public in 2007. 

AuthenTec provides mobile security software licenses to companies like Samsung, and fingerprint sensor technology to computer makers such as Hewlett-Packard Co, Lenovo and Dell. It also makes security software and chips for mobile phones. Basically, it designs special chips for two significant technologies like fingerprint recognition and near-field communication (NFC).

Reliable insiders informed our team, AuthenTec has disclosed the deal in a filing with the US Securities and Exchange Commission.

As a matter of concern, it is found, AuthenTec has annual revenue of about $70 million.  

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