NEW YORK ( TheStreet) -- On the heels of Apple's (AAPL - Get Report) recent earnings disappointment, analysts started asking what the company is doing with all of its cash, concerned as they are with the company's slowing growth in the recent quarter.That question was answered Friday when Apple announced it had spent an estimated $356 million to acquire AuthenTec (AUTH), a company that specializes in fingerprint sensor chips used in personal computers and mobile devices.
More to Apple's Deal for AuthenTec Than Meets the Eye
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