It is now official; Apple and Beats are now one company.
After months of debates and talks, the two companies have finally confirmed the $3 billion acquisition in two separated posts earlier today. The deal was reportedly approved by the European Union earlier this week.
In Apple’s posting, the mega-corp. said that it is “excited to officially welcome Beats Music and Beats Electronics to the Apple Family. Music has always held a special place in our hearts and er’re thrilled to join forces with a group of people who love it as much as we do.”
The go on to talk about the products and the beauty of them as well as the excitement for them to be working with the team at Beats.
Sadly, this joint venture and acquisition means that many employees at Beats will be heading towards the unemployment line. Due to the redundancy in positions such as areas in Human Resources and legal, many of those employed by Beats will now be out of a job.
For Beats, they said that they are excited and ” are fortunate to add out instruments to this legacy by joining Apple. The products we build together will allow us to reimagine sound once again.”
Also coming with the acquisition? The fact that all Beats customers have been notified that all sale, complaints and/or questions will now be routed through the Apple Online Store. No word on how Trent Reznor feels about this.
Well, we guess this is what the overpriced apocalypse looks like.