Beats Electronics

Premium audio hardware maker Bose has sued Beats Electronics over alleged patent infringement related to noise cancelling headphones.

Nearly two weeks after it was first reported, Apple has confirmed their acquisition of premium headphone and streaming music company Beats Electronics.

According to the Financial Times, and later vetted by other outlets, Apple is preparing to purchase Beats Audio for up to $3.2 billion.

HTC has announced that it will be selling back its remaining stake in headphone/audio tech company Beats Electronics.