Apple confirms purchase of Beats for $3 billion
Wednesday, May 28, 2014 - 16:30
in Mathematics & Economics
Ananth BaligaCUPERTINO, Calif., May 28 (UPI) -- Apple confirmed that it will purchase high-end headphone maker Beats Electronics for $3 billion, and founders Jimmy Iovine and Dr. Dre will join the company.