“Apple has reportedly closed on a deal for Anobit, an Israeli company that makes flash memory technology,” Peter Kafka reports for AllThingsD.
“A newspaper report places the deal in the $400 million to $500 million range,” Kafka reports.
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Robin Harris reports ZDNet, “Anobit’s expertise – they’ve applied for over 60 patents – is readily transferable to whatever next-gen technology overtakes flash. This acquisition is a long-term bet on the importance of cheap, fast and reliable solid-state storage for keeping Apple on the leading edge.”
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Reuters reports, “In addition to the acquisition, Apple will also open a research and development centre in Israel, its first outside the United States, Calcalist said.”
“Anobit has developed a chip that enhances flash drive performance through signal processing. The chip is already incorporated in Apple devices such as the iPhone, iPad and the MacBook Air,” Reuters reports. “Last week, Calcalist said Apple was interested in Anobit’s technology to increase and enhance the memory volume and performance of its devices. The chip may as much as double the memory volume in the new iPads and MacBooks.”
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Related articles:
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