Apple acquires Israeli flash memory firm Anobit for $500 million

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 acquisition.�Anobit?s website says its proprietary technology “significantly improves endurance, performance and cost of flash storage products and systems,” and Apple already uses Anobit’s chips in a number of its mobile devices and notebook computers. Read

Source: http://www.bgr.com/2011/12/20/apple-acquires-israeli-flash-memory-firm-anobit-for-500-million/

iphone 4 white iphone 4 jailbreak iphone 5 unboxing android android apps