“Apple Inc. said it acquired Anobit Technologies Ltd., an Israeli company that makes a flash-memory drive part for the iPhone and iPad, confirming a press report from last month,” Adam Satariano and Shoshanna Solomon report for Bloomberg.
“The deal helps Apple secure supplies of a key component for its top-selling devices. Anobit makes high-performance controllers used to optimize the memory capabilities inside products such as the iPhone and iPad,” Satariano and Solomon report. “Apple is the world’s largest buyer of NAND flash memory, accounting for about 23 percent of consumption last quarter, according to a Jan. 6 report from Sanford C. Bernstein & Co.”
Satariano and Solomon report, “The Anobit deal, whose cost Apple wouldn’t disclose, is the company’s first acquisition in Israel, where Intel Corp., Hewlett-Packard Co. and Microsoft Corp. have established operations.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
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Anobit acquisition keeps Apple ahead in flash memory – December 22, 2011
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Inside Anobit: Why Apple is investing in flash RAM technology – December 15, 2011
Apple to build semiconductor R&D center in Israel, sources say – December 14, 2011
Magical technology: Why Apple is buying Anobit – December 14, 2011
Apple moves to take over flash memory industry from Samsung – December 13, 2011
Analysts see competitive advantages for Apple in Anobit buy – December 13, 2011
Apple reportedly buying Israeli flash memory company Anobit for upwards of $500 million – December 13, 2011
Hey Samesung….. Up yours.
(yay! My first first post!)
My first 3rd post. 😉
My 3rd 4th post…why, I’m all ordinal
My first response to a second reply to a mistakenly-touted-first-but-actually-second comment.
My quick response to point out that the first comment was correctly touted by the same poster in the second comment.