The gigantic king-sized technology company Apple welcomes Beats Music and Beats Electronics to the Apple family.  A couple of months after Apple announced its plan to have Dr. Dre’s music streaming interest and headphone, the company officially made an announcement on Friday.

Apple created a separate page welcoming the company. Apple wrote “Music has always held a special place in our hearts, and we’re thrilled to join forces with a group of people who love it as much as we do”. The statement added ” 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. And we can’t wait to hear what’s next”.


A deal worth $3 billion(with $2.6 billion in cash and $400 million in stock) finalized the deal, which includes the popular audio devices and streaming services of Beats into Apple’s fold. Both the companies have issued a statement celebrating this joint venture. While the acquisition might not seem to be enticing for Beats employees as Apple has confirmed on Thursday that it will cut off 30% of Beats workforce(200 jobs), primary in roles already covered by Apple.

Apple initially made the announcement of this union in May. Aside from the interest on Beats Electronics, Apple executives have earlier mentioned that they are also considering getting the streaming services of Beats(Beats Music). The deal was closed quickly, with no surprise.The deal has also immediately received the approval of the European Union earlier this week. The regulators said that no competitive issue is expected to rise out of this momentous deal.

Have something to add to this story? Share it in the comments.

The following two tabs change content below.
I'm a guy who loves to learn as long as I like it. Else than that, I like to blog, play games, listen to music and make new friends. Passionate about football. My motto- "Spread happiness as it's free of cost!" 🙂
  1. … [Trackback]

    […] Find More Info here to that Topic: […]

  2. kiu 1 month ago

    … [Trackback]

    […] Read More on to that Topic: […]

  3. … [Trackback]

    […] Read More to that Topic: […]

  4. … [Trackback]

    […] Read More Info here on that Topic: […]

  5. satta king 3 weeks ago

    … [Trackback]

    […] There you will find 27167 more Info on that Topic: […]

  6. 온라인바카라 3 weeks ago

    … [Trackback]

    […] Info on that Topic: […]

  7. situs poker online 1 week ago

    … [Trackback]

    […] Info to that Topic: […]

  8. qq online 1 week ago

    … [Trackback]

    […] Find More to that Topic: […]

  9. Trackback

    Interesting post

  10. viagra 100mg 3 days ago

    Thank you

    Good blog. Interesting post.

  11. ignou mba 2 days ago

    … [Trackback]

    […] Read More Information here to that Topic: […]

  12. Many thanks

    Interesting blog, good post.

  13. … [Trackback]

    […] Read More Information here to that Topic: […]

Leave a reply

Your email address will not be published. Required fields are marked *


* is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp

Log in with your credentials


Forgot your details?


Create Account