Apple is said to close an acquisition with Beats Electronics, the California based producer of audio products and equipment. The company was founded by rapper and hip-hop producer Andre “Dr. Dre” Young and Interscope-Geffen-A&M Records chairman Jimmy Lovien, the company chiefly produces products under the brand “Beats by Dr. Dre”. According to Financial Times, the deal could be finalized anytime next week if negotiations go smoothly.
Although I think Apple’s buying Beats has nothing to do with headphones. All about Spotify & cloud-streaming music services iTunes.