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...

Wow Dr Dre wins big with this

Killing the competition biz plan.

yep and they are rumored to hire dre to keep the line going. make new stuff

Good luck getting your money back on that one. Just fucking give it back to the shareholders.

Wow that is really something... I tried Beats headphones a couple of times and weren't THAT impressed with them, compared to Bose. But anyway, that's an awesome win for Dre. When did BEATS start anyway, only about 5 years ago or something wasn't it? Wow..

Figured it was a done deal about a month ago when dre bought a new home for $40 million!

it is a great time to be an Apple shareholder

That's a big payout. Love it.