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iPhone 5 rumors: Apple to buy flash memory company for $400-$500 million

by Nicole
December 13, 2011 at 2:21 pm

Apple is reportedly in talks to buy Anobit, an Israel-based flash memory company, for a whopping 400-$500 0 million.

According to Israel’s Calcalist, Anobit, a company focused on flash memory and digital signal processing technologies, may become Apple’s research and development center in Israel.

Calcalist also reports that the Cupertino company plans to use Anobit’s technology in the purpose of increasing and enhancing the memory volume and performance of its devices.

Apple is reportedly already using Anobit technology for the iPhone, iPad and MacBook Air product line.

Many also assume that Anobit’s MSP-powered MSP20xx (which stands for ‘Memory Signal Processing’) embedded flash controllers for smartphones and tablets has caught Apple’s attention, as they can improve memory and speed performances.

If the deal is signed, this would be one of Apple’s largest acquisitions to-date and its first in Israel.

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