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Short Take: Apple paid more than planned for Power

Apple paid 10 percent more than it originally had planned for the assets of former Macintosh cloner and competitor Power Computing, according to Securities and Exchange Commission documents. Apple paid $110 million rather than the $100 million previously announced, and gave up $80 million in stock. It also paid $28 million for forgiveness of Power's receivables, and assumed $2 million for Power's liabilities.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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Dawn Kawamoto
paid 10 percent more than it originally had planned for the assets of former Macintosh cloner and competitor Power Computing, according to Securities and Exchange Commission documents. Apple paid $110 million rather than the $100 million previously announced, and gave up $80 million in stock. It also paid $28 million for forgiveness of Power's receivables, and assumed $2 million for Power's liabilities.