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This article was published on August 1, 2014


It’s official: Apple confirms its Beats acquisition is complete

It’s official: Apple confirms its Beats acquisition is complete
Martin Bryant
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Martin Bryant

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Martin Bryant is founder of Big Revolution, where he helps tech companies refine their proposition and positioning, and develops high-qualit Martin Bryant is founder of Big Revolution, where he helps tech companies refine their proposition and positioning, and develops high-quality, compelling content for them. He previously served in several roles at TNW, including Editor-in-Chief. He left the company in April 2016 for pastures new.

Apple has confirmed to us that it has received US regulatory approval for its acquisition of Beats. The news comes as the company posted a page on its website to “officially welcome Beats Music and Beats Electronics to the Apple family.” The $3 billion deal was first announced in May.

The page says “Beats cofounders Jimmy Iovine and Dr. Dre have created beautiful products that have helped millions of people deepen their connection to music. We’re delighted to be working with the team to elevate that experience even further.”

With redundancies taking place at Beats where there are job overlaps between the two companies, not all of the team is invited, of course.

Today’s news follows EU approval earlier this week.