The reported acquisition of Anobit should catapult Apple into the ranks of leading flash memory companies and mirrors what it has done with the A series of chips in its iPhone and iPad.
Apple is in the process of buying Anobit, an Israel-based flash memory firm, according to Israel's Calcalist business news site. The purchase price isn't small--in the range of $400 million to $500 million, according to reports.
So, what does a payout in that range bring to Apple? First of all, it's important to understand that Apple is not a flash memory neophyte, according to … Read more