After weeks of rumors and speculation, Apple confirmed that it has reached an agreement to acquire Beats Electronics this afternoon. The deal is worth $3 billion, split into a $2.6 billion payout and $400 million that will vest over time.
In the press release, Tim Cook said that ‘music is such an important part of all of our lives and holds a special place within our hearts at Apple.’ And he shared a similar sentiment in a memo he just emailed to the company’s employees…... Read the rest of this post here
"Tim Cook issues memo to Apple employees regarding Beats deal" is an article by iDownloadBlog.com.
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