By Juliette Garside, Financial Review:
Apple is due to secure its acquisition of a company specialising in fingerprint scanning next month, days after the latest iPhone goes on sale, suggesting the technology will be used to improve security in the world’s bestselling phone.
The board of AuthenTec is expected to agree to a $US365 million acquisition by Apple – one of the largest sums paid in a takeover by the California technology giant – when it votes on October 4.
The company specialises in mobile phone security and is developing 2D fingerprint sensors for Apple, according to the merger documents. The two companies have been talking since late last year and there have been suggestions the hi-tech sensors could appear as an eyecatching feature of the iPhone 5 when it is unwrapped on Wednesday.
“Will we see fingerprint technology in the new iPhone (or iPad)? It seems almost certain,” wrote Matt Brian of technology blog My Next Web. “Details are scarce but [Apple’s] desire to use the technology and see it developed quickly leads us to speculate that we could see it in just a matter of weeks.”
If fingerprint scanning is not among this year’s new features, it looks likely to appear in the next handset update… Read more