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Old 08-03-2014, 10:19 PM  
brassmonkey
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:stop Late News: Apple closes $3B Beats deal, welcomes the company 'to the family'

congratzz to jimmy and dre

Apple has officially closed its $3 billion deal to acquire Beats.

The iPhone maker posted a page on its site on Friday, announcing that the deal has officially closed. Apple provided no insight into what it has planned for Beats now that it owns the company, but did welcome the firm "to the family."

"Today we are excited to officially welcome Beats Music and Beats Electronics to the Apple family," Apple wrote. "Music has always held a special place in our hearts, and we're thrilled to join forces with a group of people who love it as much as we do.

"Beats cofounders Jimmy Iovine and Dr. Dre have created beautiful products that have helped millions of people deepen their connection to music," Apple continued. "We're delighted to be working with the team to elevate that experience even further. And we can't wait to hear what's next."

full article...
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