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Dr. Dre reportedly selling Beats headphones to Apple for $3.2B

Deal would be largest ever acquisition for Apple.
By Danielle Haynes   |   May 8, 2014 at 8:56 PM   |   Comments

http://cdnph.upi.com/sv/em/upi/UPI-6991399596371/2014/1/aab706979cfab31684d98ffd8cd22ab6/Dr-Dre-reportedly-selling-Beats-headphones-to-Apple-for-32B.jpg
NEW YORK, May 8 (UPI) -- Apple is days away from purchasing Beats Electronics from hip hop mogul Dr. Dre for a reported $3.2 billion, the Financial Times reported.

The deal, should it go through, would be Apple's largest ever acquisition.

Beats Electronics is primarily known for its high-end, over-ear headphones, but also includes a music streaming service. The company was founded in 2008 by Dr. Dre and music producer Jimmy Iovine.

Follow @DanielleHaynes1 and @UPI on Twitter.
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Topics: Dr. Dre
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