Tuesday, August 16, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Entertainment

It’s Official: Apple Acquires Beats for USD 3 Billion

by Chief Chapree
May 29, 2014
Share on FacebookShare on Twitter

Apple - Beats

After the rumour hits the street earlier month and half-confirmed by a drunk Dr. Dre soon after, Apple has finally announced it: the Cupertino company is indeed buying the renowned audio company, Beats. As reported before, the acquisition will include both Beats Electronics and its music subscription service, Beats Music.

Additionally, both of Beats co-founders Jimmy Iovine and Dr. Dre will be joining Apple as part of the deal. Instead of USD 3.2 billion, the final cost to Apple is apparently slightly lower at USD 3 billion (RM 9.7 billion) with USD 2.6 billion out of that amount will be paid as the purchase price while the remaining USD 400 million will paid over a certain duration that was not specified in the official announcement.

Sharing a laugh with Jimmy, Dre, and @cue. Excited to welcome the #Beats team to #Apple. It's all about the music. pic.twitter.com/ZwyWgHFwhO

ADVERTISEMENT

— Tim Cook (@tim_cook) May 28, 2014

Pending approvals from authorities, the acquisition is expected to be completed by Q4 of Apple’s fiscal year. Now that the deal is finally official, here comes the next set of questions: what will Apple do with both Beats Music and Beats Electronics? Will Beats exists by itself or rebranded as Apple? What is Jimmy and Dre’s role at Apple?

Not to forget, when will we see the first post-Apple products from Beats? With WWDC only a week away, let’s see if Apple and Beats will answer these questions and more over there.

[Source: Apple, Beats Music]

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: Appleapple beatsbeatsbeats by dr drebeats electronicsbeats music
Updated 12:07 pm, Thu, 29 May 14
Back to top
Share1Tweet1SendShare

ADVERTISEMENT

RELATED ARTICLES

Facebook Apple iOS 14 privacy changes Newspaper Ads
Advertising

Apple Tests Showing Users More Ads Via Pre-Installed Apps

by Ian Chee
August 15, 2022
(Image source: iupdate via YouTube.)
Mobile

Analyst: iPhone 14 Series Average Selling Price To Go Up 15 Percent

by Ian Chee
August 11, 2022
Airpods pro apple
Connectivity Standards

Analyst: AirPods To Come With USB-C Starting From 2023

by Ian Chee
August 10, 2022
Apple mixed-reality headset
Virtual Reality

Apple May Announce Its MR Headset As Early As January 2023

by Ian Chee
August 8, 2022
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Apps

    WhatsApp Is Giving You Two Whole Days To Delete Messages

  2. 2
    Telco

    Maxis And U Mobile Reportedly The Only Holdouts From DNB 5G Network

  3. 3
    Fintech

    Touch ‘n Go RFID Fuelling Finally Goes Official: Now Available At 88 Shell Stations

  4. 4
    Entertainment

    It’s Official: Apple Acquires Beats for USD 3 Billion

  5. 5
    Mobile Phones

    vivo Y35 Now Available In Malaysia For RM 1,099

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.