Apple announced its intention this week to buy AuthenTec for about $355 million. If approved, the acquisition will bring several things to Apple, including the acceleration of its mobile wallet initiative; good technology for encrypting data and content, such as movies; and patent protection for several areas of mobile security. The biggest thing Apple gets Related StoriesApple, Samsung Hope To Cooperate Over Sealing Off Sensitive Documents In Upcoming Patent TrialApple Talking About Investing In Twitter [Report]The Walking Dead: The Game Slouches Toward Your iPad, iPhoneThis Week’s Must-Have iOS Games: Walking Dead, Fur Fighters, Total Recall & More [Roundup]A New iOS App Lets You Send Pictures via Sound!

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Why Apple Is Buying AuthenTec