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May 9, 2014

Apple’s $3.2 billion takeover of Beats confirmed

Apple takes over Beats for $3.2 billion

Dr Dre has confirmed that ‘Beats Electronics’, more commonly known as ‘Beats’ has been bought by Apple for a reported $3.2 billion. This is especially exciting for Apple fans who may be able to see upcoming devices coming with the outstanding Beats audio system.

The deal was “confirmed” by Dr Dre during a short video which has been spread around the internet. He is joined by R&B singer Tyrese Gibson and boasts about this colossal deal by claiming that he is the “first billionaire in hip-hop”.

Beats was co-founded by Dr Dre (an entrepreneur, hip-hop artist and record producer) and [...]

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