Tuesday, December 13, 2011

Apple To Acquire Anobit

Apple is set to buy a flash storage company for $400-500 million, reports Calcalist (Hebrew) Anobit, based in Israel, currently has nearly 100 patents and already makes products for the Apple iPad, iPhone and MacBook Air. Apple has plenty of cash on hand, but hasn't spent this kind of money on a hardware company since buying Steve Jobs' NeXT.

Apple is interested in acquiring this ability to increase the amount of memory on any device and to improve the reliability of memory. For example, the chip will allow a combination of flash memory drive double volume iPad devices cost the same or new MacBook models.

Apple's plans for the future of Anobit, currently employs about 200 workers Herzliya, not yet known.. Estimates are that Apple will continue to employ workers in Israel, and may have even set up a local development center that would increase the number of workers.

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