Go Back   MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Reply
 
Thread Tools Search this Thread Display Modes
Old Jul 27, 2012, 07:58 AM   #1
MacRumors
macrumors bot
 
Join Date: Apr 2001
Apple to Buy Mobile Security Company AuthenTec for $356 Million






Reuters reports that Apple will be acquiring AuthenTec for $356 million.
Quote:
AuthenTec Inc (AUTH.O), which makes fingerprint sensor chips used in personal computers, said it agreed to be bought by Apple Inc (AAPL.O) for about $356 million.
Reuters describes AuthenTec as a maker of fingerprint sensor chips. AuthenTec recently had announced a partnership with Samsung as their VPN Security provider.




From their fact sheet, AuthenTec describes its technology:
Quote:
AuthenTec's award-winning smart fingerprint sensors provide multiple touch-powered features that extend beyond user authentication to include convenience, personalization and touch control. The Company's TouchChip area fingerprint sensors and modules comply with government and industry standards and offer the ruggedness, strong security and ease of integration needed for quick and broad deployment. TouchChip sensors dramatically lower the size, cost and power of fingerprint sensors versus optical-based fingerprint solutions.
AuthenTec's "swipe sensors" is described to use sub-surface technology to read the live layer of skin beneath the skin's surface.

Notably, one sensor is marketed for use specifically for authentication for mobile wallets. Apple has been rumored to be looking into mobile payments. Their Passbook technology in iOS 6 is a first step, but Apple has yet to deploy a more full scale system. Fingerprint authentication could fit into a larger payment strategy.

SeekingAlpha had recently speculated that AuthenTech may supply security chips for the next generation iPhone.
Quote:
Apple is not going to the trouble of adding a biometric sensor just so that you don't have to use a four digit password. They are adding a biometric sensor so that the iPhone can become a safe and secure payment device.
Article Link: Apple to Buy Mobile Security Company AuthenTec for $356 Million
MacRumors is offline   1 Reply With Quote
Old Jul 27, 2012, 07:59 AM   #2
gramirez2012
macrumors 6502a
 
Join Date: Jun 2010
Location: Chicago, USA
Send a message via AIM to gramirez2012
hmm...fingerprint security for iPhone? that would be cool.
__________________
-2013 iMac 27" 3.2GHz i5 256GB PCIe SSD
-iPhone 5S 16GB Space Gray
-Many more Macs of 1990's vintage
gramirez2012 is offline   6 Reply With Quote
Old Jul 27, 2012, 08:02 AM   #3
refect
macrumors newbie
 
Join Date: Jun 2012
I've always wanted a finger print scanner to unlock my phone. My only question is where are these "20 million mobile phones" that already have this tech?
refect is offline   2 Reply With Quote
Old Jul 27, 2012, 08:03 AM   #4
chaosconan
macrumors 6502a
 
Join Date: Sep 2008
Quote:
Originally Posted by gramirez2012 View Post
hmm...fingerprint security for iPhone? that would be cool.
This is awesome. Next version of Macbook, iMac, iPhone, iPad, and iPhone will have a finger scanner located near the pad or will replace the menu button on the iPhone and it will automatically log you in instead of having to enter your username and password.

Of course this has been tried before with notebooks and PDA's but with dismal failure. But Apple will make it better and succeed.
chaosconan is offline   4 Reply With Quote
Old Jul 27, 2012, 08:04 AM   #5
samac92
macrumors 6502a
 
Join Date: Feb 2008
from 9to5mac:
Quote:
Just last week, AuthenTec entered an agreement with Samsung to implement secure VPNs for its Android hardware. Whoops.
samac92 is offline   11 Reply With Quote
Old Jul 27, 2012, 08:04 AM   #6
wildpod
macrumors newbie
 
Join Date: Jun 2010
They need to put the sensor behind the screen.
__________________
13" Aluminum Macbook, 2.0GHz, 4GB RAM, 500GB HD 8GB iPod Touch
wildpod is offline   2 Reply With Quote
Old Jul 27, 2012, 08:07 AM   #7
AlexBass
macrumors regular
 
Join Date: Jul 2012
Touchscreen macintosh? Imagine the price :|

----------

Quote:
Originally Posted by chaosconan View Post
This is awesome. Next version of Macbook, iMac, iPhone, iPad, and iPhone will have a finger scanner located near the pad or will replace the menu button on the iPhone and it will automatically log you in instead of having to enter your username and password.

Of course this has been tried before with notebooks and PDA's but with dismal failure. But Apple will make it better and succeed.
Apple always make it better and succeed, there will be no exception here : )
AlexBass is offline   0 Reply With Quote
Old Jul 27, 2012, 08:09 AM   #8
adildacoolset
macrumors 65816
 
Join Date: Sep 2011
Location: Lusaka, Zambia(If you know where it is)
Fingerprint sensors will be in future apple products people!!(And I don't think they'll merely be for locking and unlocking)
__________________
Last edited by adildacoolset; Tomorrow at 09:42 AM. Reason: grammar error
adildacoolset is offline   1 Reply With Quote
Old Jul 27, 2012, 08:09 AM   #9
DTphonehome
macrumors 65816
 
DTphonehome's Avatar
 
Join Date: Apr 2003
Location: NYC
Seems like a high price for what doesn't look like a particularly unique technology. Am I missing something?
DTphonehome is offline   2 Reply With Quote
Old Jul 27, 2012, 08:09 AM   #10
samh004
macrumors 68020
 
samh004's Avatar
 
Join Date: Mar 2004
Location: Australia
Hope to see this tech in the next iPhone, would be pretty cool, though as I don’t use a passcode already, security isn’t really that big for me

That said, I can imagine this tying into iCloud and iTunes for a more futuristic security system for accounts. Would be interesting.
__________________
samh004 is offline   0 Reply With Quote
Old Jul 27, 2012, 08:10 AM   #11
rmwebs
Banned
 
Join Date: Apr 2007
Quote:
Originally Posted by AlexBass View Post
Touchscreen macintosh? Imagine the price :|

----------



Apple always make it better and succeed, there will be no exception here : )
Other than the appearance of the scanner, what can you seriously do to improve on a fingerprint scanner based authentication system?
rmwebs is offline   1 Reply With Quote
Old Jul 27, 2012, 08:11 AM   #12
Daalseth
macrumors 6502
 
Join Date: Jun 2012
Quote:
Originally Posted by chaosconan View Post
Of course this has been tried before with notebooks and PDA's but with dismal failure.
And that's why I'm very dubious about this or any other biometrics system. All biometrics are is a digital password generated from your fingerprint. Your fingerprint unlocks a hash that is the security key. All someone has to do is steal the hash and they're in. Worst yet, you can't change your 'password' without getting a new fingerprint.

We'll see how Apple implements this but I'm skeptical.
Daalseth is offline   2 Reply With Quote
Old Jul 27, 2012, 08:12 AM   #13
MacBoobsPro
macrumors 603
 
MacBoobsPro's Avatar
 
Join Date: Jan 2006
Send a message via AIM to MacBoobsPro
As it stands NFC payment is stupid. Anyone could steal your phone and buy stuff with it. A way to secure it is with finger print technology. If your finger print it 'active' the payment will go through.
MacBoobsPro is offline   0 Reply With Quote
Old Jul 27, 2012, 08:15 AM   #14
Macboy Pro
macrumors 6502a
 
Join Date: Feb 2011
I'd like the ability to get a fingerprint if your phone is stolen and have it reported to a database. Bet there would be a lot less stolen phones. The alternative is a remote self destruct like a James Bond Movies. (Hot Potato anyone? )
Macboy Pro is offline   6 Reply With Quote
Old Jul 27, 2012, 08:15 AM   #15
Lunchb0x8
macrumors 6502a
 
Join Date: May 2010
Location: East Maitland, NSW, AU
I'd love a fingerprint scanner to be on iPhones, iPads, MacBook Pro and airs, and heck even the iMac.

Would sure beat a pass code for security.
__________________
 Late 2013 15" MBPr, 2.6GHz i7, 16GB RAM, 1TB |  128GB iPhone6+ Space Grey |  128GB iPad mini with Retina Display Space Grey LTE |
http://lunchb0x8.blogspot.com/
Lunchb0x8 is offline   2 Reply With Quote
Old Jul 27, 2012, 08:15 AM   #16
vasekcz
macrumors newbie
 
Join Date: Jul 2012
This was last feature, which I miss on Apple machine after switching from IBMs (international business machine)
vasekcz is offline   0 Reply With Quote
Old Jul 27, 2012, 08:18 AM   #17
Henriok
macrumors regular
 
Join Date: Feb 2002
Location: Gothenburg, Sweden
Biometric and sensor companies probably have a lot more up their sleeves than just the products they have brought to market.
Henriok is offline   1 Reply With Quote
Old Jul 27, 2012, 08:23 AM   #18
acidblue
macrumors member
 
Join Date: Jun 2009
Location: Roswell, GA (unfortunately)
Real stuff = Costs less

Please note that I am a professional software engineer...

It's amazing to me that hardware companies, such as AuthenTec, who produce actual tangible products are purchased for significantly less than some silly, single shot app (like silly photo apps, and wow there was a pun in there) development companies. There is so much more needed in the engineering of hardware, and the accompanying software than there is in a stupid 'social app'. Hardware companies have to deal with real world engineering, real-world supply chain management etc. Where silly little software companies can just offload all the distribution off to the cloud. An app company can make a silly picture taking app that distorts your photos and they are all of a sudden worth a billion dollars; crazy.

/rant.

But, all-in-all, it's a cool acquisition. Hopefully they do something cool with it.
acidblue is offline   16 Reply With Quote
Old Jul 27, 2012, 08:25 AM   #19
Kaibelf
macrumors 6502a
 
Kaibelf's Avatar
 
Join Date: Apr 2009
Location: Chicago, IL
Quote:
Originally Posted by DTphonehome View Post
Seems like a high price for what doesn't look like a particularly unique technology. Am I missing something?
I find it hilarious how many people think they know the cost vs. benefit of Apple's acquisitions more than Tim Cook and Co. They don't just buy up companies for no reason, and they don't waste money, but, like all things, they keep it close to the chest.
Kaibelf is offline   5 Reply With Quote
Old Jul 27, 2012, 08:26 AM   #20
vineetm
macrumors newbie
 
Join Date: Apr 2012
Location: Come up till saturn's rings will surely have a cup of tea there.
Great, no third party apps then
__________________
iPod Classic 160 GB
Mac Mini 2009 3 GB RAM 2 Ghz Intel Core 2 Duo 1 TB
iPod Nano 8 GB
iPhone 4 16 GB
vineetm is offline   0 Reply With Quote
Old Jul 27, 2012, 08:27 AM   #21
MacFan23
macrumors regular
 
Join Date: Feb 2010
Quote:
Originally Posted by Henriok View Post
Biometric and sensor companies probably have a lot more up their sleeves than just the products they have brought to market.
Yeah, a lot of IP
MacFan23 is offline   1 Reply With Quote
Old Jul 27, 2012, 08:30 AM   #22
Gasu E.
macrumors 68030
 
Gasu E.'s Avatar
 
Join Date: Mar 2004
Location: Not far from Boston, MA.
Quote:
Originally Posted by Daalseth View Post
And that's why I'm very dubious about this or any other biometrics system. All biometrics are is a digital password generated from your fingerprint. Your fingerprint unlocks a hash that is the security key. All someone has to do is steal the hash and they're in. Worst yet, you can't change your 'password' without getting a new fingerprint.

We'll see how Apple implements this but I'm skeptical.
But, in this case the hash would be coming from a physical chip hardwired inside the phone. So the hacker would also need to somehow emulate that as well.
__________________
Please stop boring me.
Gasu E. is offline   1 Reply With Quote
Old Jul 27, 2012, 08:31 AM   #23
chaosconan
macrumors 6502a
 
Join Date: Sep 2008
Quote:
Originally Posted by Daalseth View Post
And that's why I'm very dubious about this or any other biometrics system. All biometrics are is a digital password generated from your fingerprint. Your fingerprint unlocks a hash that is the security key. All someone has to do is steal the hash and they're in. Worst yet, you can't change your 'password' without getting a new fingerprint.

We'll see how Apple implements this but I'm skeptical.
You could use it for Electronic Signature. When you buy something or need to sign some contract on your iPhone or Macbook the scanner can be used for Electronic Signatures instead of what they have today where you enter your name twice which I think is a silly way of doing Electronic Signature.
chaosconan is offline   1 Reply With Quote
Old Jul 27, 2012, 08:31 AM   #24
kalsta
macrumors 65816
 
kalsta's Avatar
 
Join Date: May 2010
Location: Australia
Quote:
Originally Posted by Macboy Pro View Post
I'd like the ability to get a fingerprint if your phone is stolen and have it reported to a database. Bet there would be a lot less stolen phones. The alternative is a remote self destruct like a James Bond Movies. (Hot Potato anyone? )
Now that's a great idea! Er the fingerprint capturing I mean. Now all you have to do is address privacy concerns, get it government approved, coordinate with police systems and databases Yep, I can see it coming to the iPhone in 2024.
kalsta is offline   0 Reply With Quote
Old Jul 27, 2012, 08:32 AM   #25
naveah
macrumors regular
 
Join Date: Aug 2011
Location: Atlanta
Do you guys think this has any chance of making it into the 2012 iPhone? Usually, it takes Apple some time to assimilate their acquisitions into their products (e.g., the maps companies or Siri). Maybe the 2013 iPhone?
naveah is offline   1 Reply With Quote

Reply
MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads
thread Thread Starter Forum Replies Last Post
Apple iPhone 5S revealed on Japanese Official AU KDDI(Mobile Phone company) website weiboiphone iPhone 2 Aug 30, 2013 10:16 AM
Apple Acquires Indoor Mobile Location Positioning Firm WifiSLAM for $20 Million MacRumors MacRumors.com News Discussion 157 Apr 11, 2013 08:43 PM
AuthenTec Sells Off Embedded Security Systems, Leaving FingerPrint Technology for Apple MacRumors MacRumors.com News Discussion 64 Nov 21, 2012 04:38 AM
Apple to purchase AuthenTec eawmp1 Apple, Industry and Internet Discussion 1 Jul 28, 2012 12:45 PM
Apple not a computer company - they are a mobile device company. Sue De Nimes Apple, Industry and Internet Discussion 72 Jun 16, 2012 02:56 AM

Forum Jump

All times are GMT -5. The time now is 12:54 PM.

Mac Rumors | Mac | iPhone | iPhone Game Reviews | iPhone Apps

Mobile Version | Fixed | Fluid | Fluid HD
Copyright 2002-2013, MacRumors.com, LLC