Who Bought Beats by Dre
Beats by Dre was acquired by Apple Inc. in May 2014. The deal was announced by both companies and confirmed through official statements and financial filings.
Deal Structure and Price
Apple purchased Beats Electronics and Beats Music for approximately $3 billion. The acquisition included the Beats brand, hardware products, and the music streaming service.
What Happened After the Acquisition
After the purchase, Beats continued to operate as a subsidiary of Apple. Dr. Dre and Jimmy Iovine joined Apple, and Beats products were integrated into Apple’s ecosystem. You can read more about the deal on Apple’s official newsroom.
