Done deal: Apple (finally) acquires Dr. Dre’s Beats electronics for $3 billion

by Oge Okonkwo After much talks and speculation, Apple has finally announced it will acquire headphone maker Beats Electronic for $3 billion, including $2.6 billion cash up front and approximately $400 million in stock that will vest over time. As part of the deal, Beats co-founders, Dr. Dre, and Jimmy Iovine will join Apple in... Read More