anobit

Apple confirms Anobit acquisition

Apple today confirmed earlier reports it has acquired Israel-based flash memory startup Anobit.

Apple's acquisition of the company, which makes flash memory technology found in the iPhone, iPad, and MacBook Air, was first reported in December by Israel's Calcalist business news site. The deal was reported to be worth $400 million to $500 million.

Apple spokesman Steve Dowling confirmed the acquisition to Bloomberg but declined to discuss the purchase price or the company's plans for the startup.

If the deal happened in the price range previously reported, it would rank as one of Apple's largest to … Read more

Anobit acquisition keeps Apple ahead in flash memory

The reported acquisition of Anobit should catapult Apple into the ranks of leading flash memory companies and mirrors what it has done with the A series of chips in its iPhone and iPad.

Apple is in the process of buying Anobit, an Israel-based flash memory firm, according to Israel's Calcalist business news site. The purchase price isn't small--in the range of $400 million to $500 million, according to reports.

So, what does a payout in that range bring to Apple? First of all, it's important to understand that Apple is not a flash memory neophyte, according to … Read more

Apple's Anobit buy a done deal, report says

Apple has acquired Israel-based flash memory startup Anobit, a report claims.

The deal, according to Israel's Calcalist business news site (Google Translate), is in the $400 million to $500 million range. Earlier today, Anobit apparently informed its employees that Apple had made an offer that it had accepted and that they were on their way to being employed by the iPhone maker.

Today's report follows a claim made by Calcalist last week, saying that Apple and Anobit were nearing a deal.

Anobit's flash memory technology is found in Apple's iPhone, iPad, and MacBook Air. The startup … Read more

Apple to buy Israeli flash memory manufacturer?

According to a report over at TechCrunch (drawing on Calcalist, a Hebrew publication), Apple is preparing to purchase Israeli flash memory manufacturer Anobit for $400 million to $500 million.

The acquisition would be CEO Tim Cook's first as the guy in charge at Apple, though he has been through the process before. Apple recently purchased P.A. Semi in order to produce the mobile processors (the A4 and A5) that now appear in iPhones and iPads.

Purchasing Anobit seems like a prudent move on Apple's part. By controlling its own flash storage manufacturing, Apple should be able to … Read more

Apple to buy Anobit, a flash memory startup?

Apple is reportedly looking to pay $400 million to $500 million for Anobit, an Israeli startup focused on flash memory and digital signal processing technologies.

The deal, reported in Israel’s Calcalist, may indicate that Apple is looking to boost the memory on a device and to improve reliability. Here’s the Google Translate version of the Calcalist report.

Anobit’s wares are already integrated on Apple’s iPhone, iPad, and MacBook Air. Anobit also has enterprise storage products.

If the deal happens, Anobit would represent one of Apple’s largest acquisitions. Apple has acquired two hardware companies—PA Semi … Read more

Intel puts muscle, money into flash memory

Intel's deep commitment to flash memory technology was on display today with two announcements centered on large business customers.

The world's largest chipmaker announced it was a lead investor in a company that makes flash storage more palatable to the enterprise, while Hitachi announced the fruits of joint flash development with Intel aimed at large businesses.

As part of 18 new investments by Intel Capital totaling $77 million, the world's largest chipmaker led a group that invested $32 million in Anobit. The Israel-based company has patented technology that increases the long-term reliability of lower-cost-per-bit flash memory, referred … Read more