The firm, founded by music producer Jimmy Iovine and the hip-hop star Dr Dre, is best known for its distinctive headphones.
It is claimed a deal could be announced within days and would mark Apple boss Tim Cook's biggest ever acquisition Mailonline reports..
Apple will acquire Beats’ streaming music service, which launched this year, and its audio equipment business, which includes its brand of headphones and audio equipment,
The Beats management team will report to Mr Cook, said people familiar with the deal.
Hey Forbes! if this deal pulls through y'all know you gotta redo your richest guys in Hiphop list eh?? Cos Dr Dre will be swimming in the benjamins!
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