or Connect
AppleInsider › Forums › General › General Discussion › Apple to acquire fingerprint sensor maker AuthenTec for $356M
New Posts  All Forums:Forum Nav:

Apple to acquire fingerprint sensor maker AuthenTec for $356M

post #1 of 56
Thread Starter 
Apple has reportedly reached a deal to purchase AuthenTec, a security company best known for creating fingerprint sensors, for $356 million.

The asking price of $8-per-share represents a 58 percent premium over AuthenTec Inc.'s closing price of $5.07 on Thursday, according to Reuters. Among other products, AuthenTec creates chips that drive secure fingerprint sensors in personal computers.

In addition, the company also makes software, hardware and applications that work with fingerprint sensors. AuthenTec also offers security toolkits and VPN client solutions.

One service that the company provides is security for a near-field communication based mobile e-wallet. Rumors have persisted that Apple is interested in adding an NFC chip and e-wallet functionality to a future iPhone, perhaps as soon as this fall with the launch of iOS 6 and its new Passbook application.

The acquisition agreement was approved with unanimous consent by AuthenTec's board this week, according to Bezinga. The deal is not yet finalized because it requires approval from the majority of outstanding shares of the company's common stock, among other final steps.

Authentec


Based in Melbourne, Fla., AuthenTec announced earlier this month that its QuickSec VPN security product was chosen by Apple's rival, Samsung, for use in new Android-based smartphones and tablet models. The company's QuickSec Mobile VPN Client for Android allows secure communication through an Internet Protocol Security-based VPN client.

AuthenTec has shipped more than 100 million fingerprint sensors for integration in a wide range of portable electronics, including more than 20 million mobile phones. Some of its clients include Alcatel-Lucent, Cisco, Fujitsu, HBO, HP, Lenovo, LG, Motorola, Nokia, Orange, Samsung, Sky and Texas Instruments.
post #2 of 56

Great way to get security on NFC chips: placing a finger on a fingerprint sensor on your iPhone when making a transaction. Would proof it against people who take your phone and not allow "drive-by" hacking.

GIGO. The truth in all of life.
Reply
GIGO. The truth in all of life.
Reply
post #3 of 56
Apple so rarely buy a company but when they do it usually means in a few years or less something big pops up. Just get those patents locked down well Apple!

If approved I wonder what happens to Sammy's contract?

The people that created this blog should be forced to only use it on an iPad or iPhone for a month.
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
post #4 of 56

Samsung and Motorola are in trouble now, they are infringing on APPLEs patents. Remember folks the Android camp has been buying up patents just to sue APPLE. What is good for the Goose, is also good for the Gander.

post #5 of 56

As said above, this is probably about patents. 

 

But regarding fingerprint security, I have never quite understood why anybody uses it. You are effectively leaving your password on everything you touch!

post #6 of 56

ok so now we will see Google, Microsoft, and Samesung rush to introduce finger print recognition....and i am sure they already had it, probably for years.

post #7 of 56

Interesting news......

 

in the meantime who the hell thought this forum was fit for purpose - seriously AI just try using it on your mobile device, it absolutely sucks.

 
Where a calculator on the ENIAC is equpped with 18,000 vaccuum tubes and weighs 30 tons, computers in the future may have only 1,000 vaccuum tubes and perhaps weigh 1.5 tons.
by Popular Mechanics
Reply
Where a calculator on the ENIAC is equpped with 18,000 vaccuum tubes and weighs 30 tons, computers in the future may have only 1,000 vaccuum tubes and perhaps weigh 1.5 tons.
by Popular Mechanics
Reply
post #8 of 56
Quote:
Originally Posted by markm49uk View Post

Interesting news......

 

in the meantime who the hell thought this forum was fit for purpose - seriously AI just try using it on your mobile device, it absolutely sucks.

 

I agree. I hate it. I can't even right click on a word to check spellings.

post #9 of 56
Quote:
Originally Posted by Smiles77 View Post

Great way to get security on NFC chips: placing a finger on a fingerprint sensor on your iPhone when making a transaction. Would proof it against people who take your phone and not allow "drive-by" hacking.

 

Agreed.

 

Not just on phones.  It'd be awesome to just add this to all computers.  Fingerprint sign on.

post #10 of 56
Quote:
Originally Posted by Jetz View Post

 

Agreed.

 

Not just on phones.  It'd be awesome to just add this to all computers.  Fingerprint sign on.

 

You know that exists, right?

I'm not a pessimist. I'm an optimist, with experience.
Reply
I'm not a pessimist. I'm an optimist, with experience.
Reply
post #11 of 56
Quote:
Originally Posted by markm49uk View Post

Interesting news......

 

in the meantime who the hell thought this forum was fit for purpose - seriously AI just try using it on your mobile device, it absolutely sucks.

 

 

Quote:
Originally Posted by monstrosity View Post

I agree. I hate it. I can't even right click on a word to check spellings.

 

Very true. It's miserable on an iPhone. Yes, we come here more for the community than the site design, but good site owners should ensure the site helps users interact and not obstruct a good (read usable) user experience.

 

Meanwhile, while it interests me why they bought AuthenTec, it's not certain they'll be used in the near future. Look at the LiquidMetal purchase/license which we've been waiting to be used for years now.

GIGO. The truth in all of life.
Reply
GIGO. The truth in all of life.
Reply
post #12 of 56
Quote:
Originally Posted by thataveragejoe View Post

You know that exists, right?

How would he know? Apple doesn't use it yet, meanwhile it's been on laptops for years.
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
Reply
"Few things are harder to put up with than the annoyance of a good example" Mark Twain
"Just because something is deemed the law doesn't make it just" - SolipsismX
Reply
post #13 of 56
Part of the deal is that AuthenTec will become a WHOLLY OWNED SUBSIDIARY OF APPLE.. So no it won't get shutdown just to keep it away from rivals Samsung, Motorola or HP, among others.

Apparently Apple is paying another $7M to a team in AuthenTec to do something just for Apple. Apple is paying $20 million for rights to certain patents and then has an option to pay as much as $115 million for other patents it chooses.
Edited by Wurm5150 - 7/27/12 at 6:23am
post #14 of 56
Quote:
Originally Posted by bullhead View Post

ok so now we will see Google, Microsoft, and Samesung rush to introduce finger print recognition....and i am sure they already had it, probably for years.


Considering the article mentions they were already doing this (prior to Apple buying this company) I think it's a given.

post #15 of 56
Quote:
Originally Posted by Intel View Post

Samsung and Motorola are in trouble now, they are infringing on APPLEs patents.

1. It's not a done del so they are APPLE'S patents just yet
2. For all we know, they have a proper license which Apple will honor at least until it runs out, so no infringement

A non tech's thoughts on Apple stuff 

(She's family so I'm a little biased)

Reply

A non tech's thoughts on Apple stuff 

(She's family so I'm a little biased)

Reply
post #16 of 56
Quote:
Originally Posted by digitalclips View Post

Apple so rarely buy a company but when they do it usually means in a few years or less something big pops up. Just get those patents locked down well Apple!
If approved I wonder what happens to Sammy's contract?
The people that created this blog should be forced to only use it on an iPad or iPhone for a month.

It really helps if you have Siri.

Dictated on my iPad.
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
post #17 of 56
Quote:
Originally Posted by Wurm5150 View Post

Part of the deal is that AuthenTec will become a WHOLLY OWNED SUBSIDIARY OF APPLE.. So no it won't get shutdown just to keep it away from rivals Samsung, Motorola or HP, among others.
Apparently Apple is paying another $7M to a team in AuthenTec to do something just for Apple. Apple is paying $20 million for rights to certain patents and then has an option to pay as much as $115 million for other patents it chooses.

Can you provide a link?

Dictated on my iPad.
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
post #18 of 56
Quote:
Originally Posted by Dick Applebaum View Post

It really helps if you have Siri.
Dictated on my iPad.

Sorry folks off topic ... (although it's kind of on topic for every post if you use iOS!)

My wife got the iPad 3 I have to struggle with my mk 2 /sigh. However, AI really need to address the limitations / difficulties of this blog on iOS you can't always dictate.
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
post #19 of 56
Quote:
Originally Posted by Dick Applebaum View Post


It really helps if you have Siri.
Dictated on my iPad.

It also helps to use dictation on Mountain lion.

Dictated on my MacBook pro.

 

;-)

post #20 of 56
Quote:
Originally Posted by Rabbit_Coach View Post

It also helps to use dictation on Mountain lion.
Dictated on my MacBook pro.

;-)

Except that can lead to burned knees in the loo!

dictated on Mountain Lion and corrected manually.
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
post #21 of 56
Quote:
Originally Posted by Dick Applebaum View Post

Can you provide a link?
Dictated on my iPad.

[=http://allthingsd.com/20120727/apple-acquires-fingerprint-security-company-authentec-for-356-million/]
post #22 of 56
Quote:
Originally Posted by hmm View Post


Considering the article mentions they were already doing this (prior to Apple buying this company) I think it's a given.

Thank heavens we've all seen countless movies with guides to making a replica of a fingerprint using MI kits.
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini, SE30, IIFx, Towers; G4 & G3.
Reply
post #23 of 56
Quote:
Originally Posted by dasanman69 View Post


How would he know? Apple doesn't use it yet, meanwhile it's been on laptops for years.

 

Yeah but it is crap, and used on laptops as the sole method of logging on. I don't see Apple integrating this unless it is used in addition to other security methods.

As I said above, my whole house and everything I touch has my fingerprint on it, including the stolen iPhone or laptop the thief wants to break into!

post #24 of 56

So how do you replicate the finger print push? Maybe a finger print in combination with a password might be the way to go.

post #25 of 56
Quote:
Originally Posted by AdonisSMU View Post

So how do you replicate the finger print push? 

 

http://www.youtube.com/watch?v=MAfAVGES-Yc

 

It's convoluted, but no real biggie for a determined hacker, I'm sure the criminal network already has 'go to' guys that specialise in this sort of thing.

post #26 of 56

Hmm, I wonder if the sensor could be placed on the existing circle/square ([]) button on iOS devices.  If so you'd be entering your fingerprint every time you push it and the look/operation of the devices wouldn't have to change one bit.
 

post #27 of 56
Quote:
Originally Posted by monstrosity View Post

 

http://www.youtube.com/watch?v=MAfAVGES-Yc

 

It's convoluted, but no real biggie for a determined hacker, I'm sure the criminal network already has 'go to' guys that specialise in this sort of thing.

 

It is really easy.

lol.gif: … or just cut the finger.

post #28 of 56
Quote:
Originally Posted by Ochyming View Post

 

It is really easy.

lol.gif: … or just cut the finger.

Yeah or you could just chop the finger off!

 

But seriously, if fingerprinting becomes prevalent, extracting and duplicating finger prints will become easier too. Kits and software will be sold on the black market for any criminal wishing to purchase.

A quick scan, and a 3D printer, it could be done within minutes. 

If you think of the skills involved in cracking a password, lifting a fingerprint is a no-brainer by comparison!


Edited by monstrosity - 7/27/12 at 7:50am
post #29 of 56
Guys you can have passcode protection as well as if somebody chopped your finger off. If they get your finger and your passcode then you've got bigger problems than someone drunk-dialing your business associates.

As always, given how much of our lives are digital, the real problem is the cesspool that is Windows and Android in terms of security and hacking. Then there's always backdoors like when my Skype account got hacked.

Chaos is in the mind.
post #30 of 56
Quote:
Originally Posted by Rabbit_Coach View Post

It also helps to use dictation on Mountain lion.
Dictated on my MacBook pro.

;-)
Except dictation is another one of those features that's currently only available in the USA!
post #31 of 56
Quote:
Originally Posted by monstrosity View Post

Yeah but it is crap, and used on laptops as the sole method of logging on. I don't see Apple integrating this unless it is used in addition to other security methods.
As I said above, my whole house and everything I touch has my fingerprint on it, including the stolen iPhone or laptop the thief wants to break into!
I think unless you work for the CIA, that the fact that it's *possible* in a CSI kind of way, to fake a fingerprint is not the same thing as it being a real risk. The odds of a crackhead or meth addict (the most likely thief of your iPhone), using these methods are pretty slim.

That being said, you are completely right about it being a poor method of security. Even ignoring fraud, in any large city there are usually a couple of other people with the same (or similar enough for the scanner), fingerprints as any particular individual. The key, (and I think you are the first to mention it on this thread), is to use it as only one part of a multi-pronged security system. Fingerprint plus password or fingerprint plus voice analysis or fingerprint plus picture are all far more secure than any of those methods alone without the fingerprint.
post #32 of 56
Quote:
Originally Posted by monstrosity View Post

Yeah or you could just chop the finger off!

 

But seriously, if fingerprinting becomes prevalent, extracting and duplicating finger prints will become easier too. Kits and software will be sold on the black market for any criminal wishing to purchase.

A quick scan, and a 3D printer, it could be done within minutes. 

If you think of the skills involved in cracking a password, lifting a fingerprint is a no-brainer by comparison!

 

Who says it has to be fingerprints? It involves detecting a pattern and matching it to a known entity...  They could use the front-facing camera and do an eye scan, face scan, hand scan.... maybe use the rear-facing camera for those who like to drop drawer and sit on the Xerox machine.

 

Seriously, though, I suspect that Apple will be adding higher quality front-facing cameras to their Computers and iDevices -- and these could accommodate reliable security scanning (not the Google kind).

 

Dictated and typed on my iMac.

"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
post #33 of 56

OT for this thread:

 

 

Quote:
In the Risk Factors portion of Microsoft’s latest annual report, the company says quite bluntly, “Our Surface devices will compete with products made by our OEM partners, which may affect their commitment to our platform.”

 

http://allthingsd.com/20120727/microsoft-okay-maybe-we-are-alienating-pc-makers-with-surface/

 

 

With apologies to Ray Charles:

 

Oh, it's cryin' time again, you're gonna leave me
I can see that far away look in your eyes
I can tell by the way you hold me darlin' Oooh
That it won't be long before it's cryin' time

Now they say that absence makes the heart grow fonder (fonder)
And that tears are only rain to make love grow
Well my love for you could never grow no stronger (stronger)
If I lived to be a hundred years old

Oh, it's cryin' time again, you're gonna leave me
I can see that far away look in your eyes
I can tell by the way you hold me darlin'. Yeah now
That it won't be long before it's cryin' time

Now you say you've found someone that you love better (better)
That's the way it's happened every time before
And as sure as the sun comes up tomorrow ('morrow)
Cryin' time will start when you walk out the door

Oh, it's cryin' time again, you're gonna leave me
I can see that far away look in your eyes
I can tell by the way you hold me darlin'. Alright now
That it won't be long before it's cryin' time
(That it won't be long before it's cryin' time)

"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
post #34 of 56
What happened to retina scanning? The iPhone has a camera and a light. Granted this is kind of overkill when paying for your latte at Starbucks.

But seriously most security measures currently in use can be defeated, and the more ubiquitous the method, the more the thieves will have access to the tools, fingerprints will be no different should they become the defacto standard.

But with a reasonable amount of responsibility, the EUs adoption of chip N pin, seems the most practical. Put a unique chip in the phone that is hard to replicate, and then give the user a pin code. That way, the user must have the device and must know the code.

If the device is stolen, you shut it down. If your pin is compromised, you change it. Simple.

For added security, the chip transmits a picture of the user to the POS terminal, which polls the users online account information for confirmation, or better yet a government Passport database. Could this be hacked if the device is compromised? Sure ... That's why credit card companies stopped allowing customers to put their photos as IDs on their credit cards. But all of these things in connection with each other will surely make it difficult to do casually.

Maybe have the chip on a sim card that must be paired with the device, and registered online, so that you can't change any of the imbedded info on the phone without replacing the chip, and both must be registered with the users online account and verified by the user through separate verifications. This way, the device can easily be sold to someone else, but can't be easily hacked to access the users wallet.

The weak link is the password, which is true for any account anywhere in the world. It's hard for me to believe there is any foolproof way to handle this kind of security that doesnt rely on the user to take some minimal responsibility, which is what these efforts to use fingerprints, face recognition, voice authentication etc. seem to be trying to do.

Of course none of this will prevent identity theft, which this kind of technology could actually facilitate.
Edited by Mac_128 - 7/27/12 at 8:50am
post #35 of 56
Quote:
Originally Posted by Gazoobee View Post

I think unless you work for the CIA, that the fact that it's *possible* in a CSI kind of way, to fake a fingerprint is not the same thing as it being a real risk. The odds of a crackhead or meth addict (the most likely thief of your iPhone), using these methods are pretty slim.

 

You might be surprised, I've known a few dodgy characters in my time, and they are pretty well organised. Sure the crackheads couldn't do it themselves, but there's a 'man who can' for everything. They steal it, take it to 'bob', bob gives them a fraction of it's worth, extracts the data passes data onto 'jim' (who deals in identity theft), installs a new OS then sells it.

 

Every crack head knows a 'bob'. And not every 'bob' can currently crack fingerprints, but over time black market gadgets will be commonplace within the criminal world.

Like the ATM overlays which are made in china that copy your pin number and info on the magnetic strip. Just a matter of time.


Edited by monstrosity - 7/27/12 at 9:07am
post #36 of 56
Quote:
Originally Posted by Gazoobee View Post

Except dictation is another one of those features that's currently only available in the USA!

 

Are you sure?

 

 

700

"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
post #37 of 56
Quote:
Originally Posted by Dick Applebaum View Post

 

Are you sure?

 

 

 

 

My dictation isn't working in the UK. I thought it was just my computer behaving odd.

post #38 of 56
Quote:
Originally Posted by Dick Applebaum View Post

Quote:
Originally Posted by Gazoobee View Post

Except dictation is another one of those features that's currently only available in the USA!

Are you sure?



You are way too kind. He said '...in the USA'. As in 'location'; not the most clever post¡
Quote:
Originally Posted by digitalclips View Post

The people that created this blog should be forced to only use it on an iPad or iPhone for a month.

Why just 'or'? Let them try posting from an iPhone and an iPad as well! Double the pain!
How to enter the Apple logo  on iOS:
/Settings/Keyboard/Shortcut and paste in  which you copied from an email draft or a note. Screendump
Reply
How to enter the Apple logo  on iOS:
/Settings/Keyboard/Shortcut and paste in  which you copied from an email draft or a note. Screendump
Reply
post #39 of 56
Quote:
Originally Posted by monstrosity View Post

 

My dictation isn't working in the UK. I thought it was just my computer behaving odd.

 

Sorry... I can't resist:

 

With apologies to Sexy Rexy

 

Quote:
Why can't the English teach their children how to speak? 
This verbal class distinction by now should be antique. 
If you spoke as she does, sir, Instead of the way you do, 
Why, you might be selling flowers, too. 

An Englishman's way of speaking absolutely classifies him, 
The moment he talks he makes some other 
Englishman despise him.
One common language I'm afraid we'll never get. 
Oh, why can't the English learn to set
 
A good example to people whose 
English is painful to your ears? 
The Scotch and the Irish leave you close to tears. 
There even are places where English completely
disappears.
 
In America, they haven't used it for years! 

Why can't the English teach their children how to speak? 
Norwegians learn Norwegian; the Greeks have taught their 
Greek. In France every Frenchman knows 
his language fro "A" to "Zed" 
 
The French never care what they do, actually, as long as they pronounce in properly. 

Arabians learn Arabian with the speed of summer lightning. 
And Hebrews learn it backwards, 
which is absolutely frightening. 
But use proper English you're regarded as a freak. 
Why can't the English,

Why can't the English learn to speak?

Edited by Dick Applebaum - 7/27/12 at 9:49am
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
"Swift generally gets you to the right way much quicker." - auxio -

"The perfect [birth]day -- A little playtime, a good poop, and a long nap." - Tomato Greeting Cards -
Reply
post #40 of 56
Quote:
Originally Posted by Dick Applebaum View Post

 

Sorry... I can't resist:...

 

 

 

 

Oh it's not the way I'm speaking! The little microphone VU doesn't show input. However, I have mic input on all other audio apps working fine.

 

I am developing a bunch of core audio apps at the mo, so might be something I have done which has broken it.

New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: General Discussion
AppleInsider › Forums › General › General Discussion › Apple to acquire fingerprint sensor maker AuthenTec for $356M