It was the tech world and the music industry’s worst-kept secret. (We’re looking at you, Tyrese.) But, today, both California-based companies confirmed the obvious: They’re hooking up. Apple is purchasing Beats, both the hardware company and the music-streaming service for a total of 3 billion. With the acquisition, Dr. Dre and Jimmy Iovine will be joining the House that Steve Jobs Built in unidentified capacities, per a press released issued.
Way to take a bite out of that Apple, Dre!
— Beats By Dre (@beatsbydre) May 28, 2014