Apple Confirms Purchase Of Beats Electonics for $3 Billion

After the news leaked a few weeks ago Apple have finally confirmed the news that they will purchase Beats Electonics for the round figure of $3 billion. The purchase includes the popular headphone range Beats By Dre and their new music streaming service Beats Music. Jimmy Iovine and Dr. Dre, the company’s co-founders, will join Apple as part of the deal.

Above they can be seen with Apple CEO Tim Cook and Eddy Cue, Apple’s SVP of Internet Software and Services. Things just aint the same for gangstas.

Two years ago we caught up with Dr Dre and Jimmy Iovine at a Beats By Dre event in London. If you missed it check it out below where we grabbed a quick interview with Jimmy Iovine.

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