Apple 'In Talks' To Buy Beats For $3.2Bn

Technology giant Apple is in talks to buy headphone maker and music-streaming service provider Beats Electronics, according to various media reports.

The reports claim Apple could pay as much as $3.2bn (£1.9bn) and a deal could be announced next week.

If completed, it will be Apple's biggest ever acquisition.

It is being seen as move by Apple to get a stronger foothold in the phone and music accessories business and bolster its online music offerings.

The two areas are expected to see fast growth in the coming years.

(BBC)



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