Apple to buy Israeli flash memory manufacturer?
According to a report over at TechCrunch (drawing on Calcalist, a Hebrew publication), Apple is preparing to purchase Israeli flash memory manufacturer Anobit for $400 million to $500 million.
The acquisition would be CEO Tim Cook's first as the guy in charge at Apple, though he has been through the process before. Apple recently purchased P.A. Semi in order to produce the mobile processors (the A4 and A5) that now appear in iPhones and iPads.
Purchasing Anobit seems like a prudent move on Apple's part. By controlling its own flash storage manufacturing, Apple should be able to … Read more