Apple Reportedly Finalizes $400-500 Million Deal for Anobit
Israeli newspaper Calcalist reports [Google translation] that Apple has finalized its previously-rumored acquisition of flash memory firm Anobit, with company executives having gathered employees to share the news. According to the report, Apple is paying $400-500 million for the Israeli firm.
Tweet from Israeli Prime Minister Benjamin Netanyahu welcoming Apple
The article also claims that Apple has confirmed plans to open a research and development arm in Israel, the company's first outside of the United States. Apple has reportedly hired Israeli technology executive Aharon Aharon to lead the initiative.
Anobit specializes in signal-processing technique that improve the performance and reliability of flash memory. The company's technology is reportedly already being used in a number of Apple products including the iPhone, iPad, and MacBook Air.
Top Rated Comments
How is Apple's largest acquisition ever not news? :rolleyes:
Welcome to getting a minus for stating the truth.
There are many smart people in the world on all continents. To make use of global knowledge and inventions is smart and doesn't mean anybody is dissing America.
Man, you sound almost like you are trying to do some spin control. Which is absurd.
WTF do you know about anything anybody at Apple, Anobit or Samsung might be thinking or planning?
How can you start by "this will probably just... / It might..." and then end as self-assured as "Let's not kid ourselves about what this is about"?
Contrary to the wish of a few people here, Apple aren't really looking at replacing Samsung. Samsung is a big semi-conductors manufacturer and can probably offer Apple the kind of volume and aggressive pricing they need.
Why replace a winning combination ? Over some forum grudge ? Apple is not so petty.
Didn't he grow up in the US?