Jobs?s passing and fear of stalled innovation prompt Apple to enter Israel, former exec says

News emerged earlier this week that Apple had acquired Israel-based fabless chip maker Anobit for as much as $500 million.�Beyond the team and flash memory technology Apple will gain from the acquisition, the company reportedly plans to use the Anobit’s facilities as a research and development center. The deal is big for Apple on several levels ? Anobit’s class-leading flash memory chips are already used in the iPhone, iPad and MacBook Air ? but one former Apple executive believes fear was among the factors that motivated Apple to enter Israel, which is heralded by many as the “second Silicon Valley.” Read on for more. “I think Apple is now entering Israel because of the loss of Jobs,” Eric Sirkin, a

Source: http://www.bgr.com/2011/12/21/jobss-passing-and-fear-of-stalled-innovation-prompt-apple-to-enter-israel-former-exec-says/

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