Apple Inc is in talks to buy Israel's Anobit, a maker of flash storage technology, for as much as $500 million, according to a report published on Tuesday.Source: Reuters
The Calcalist financial daily said Apple is in advanced negotiations to buy Anobit for $400 million to $500 million.
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.
Anobit is also examining a large financing round with a leading Asian flash memory manufacturer, Calcalist said.
Apple to shelve out half a billion for Anobit?
Posted on Tuesday, December 13 2011 @ 21:50 CET by Thomas De Maesschalck