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Apple acquires Israeli flash memory firm Anobit for $500 million

December 20th, 2011

Apple has reportedly completed its acquisition of Israel-based flash memory firm Anobit in a deal worth up to $500 million. Hebrew-language financial newspaper Calcalist on Tuesday claimed that a deal had been reached after reporting earlier this month that Apple was in late-stage talks to buy the fabless chip maker. Apple has not confirmed the …

Apple may buy Israeli flash memory firm Anobit for $400-$500 million

December 13th, 2011

Apple may be preparing to purchase Anobit, an fabless Israeli firm that specializes in flash storage solutions for mobile and enterprise markets. The Cupertino-based company could be willing to spend between $400 million and $500 million on Anobit, Calcalist reported Tuesday. Anobit’s website says its memory signal processing (MSP) technology “significantly improves endurance, performance and cost …