It seemed last week like Apple was eyeing up flash memory technology company Anobit for a potential purchase, and now word from Israeli news outlet Calcalist is that the multi-million dollar deal has been finalized.
While Anobit has already broken the news to their employees, many of the deal’s salient details are still unknown to outsiders. There’s still no word on exactly how much Apple paid… → Read More
Apple is reportedly going to use part of its enormous pile of cash to buy an Israeli fabless semiconductor company that specializes in flash storage solutions. Calcalist reports – in Hebrew – that the world’s most valuable company is in talks to buy Herzliya Pituach, Israel-based Anobit for $400 million to $500 million.
If the report checks out, this would mark Apple’s first acquisition in… → Read More