- Apr 12, 2001
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
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.
Article Link: Apple Reportedly Finalizes $400-500 Million Deal for Anobit