Apple in talks to buy Anobit for $400-$500 million
Apple is in advanced stage negotiations to purchase Anobit for $400 million to $500 million, says the Calcalist, a daily newspaper in Tel Aviv, Israel. Apple devices such as iPhone, iPad and MacBook Air currently carry Anobit’s chips–which are housed in its products.
Anobit developed a chip which enhances flash driver performance through signal processing–making it a tasty purchase for Apple to continue using MSP chips for future prosperities.
This will be Apple’s largest ever acquisition, and a first in Israel, if the deal goes through successfully. It has great interest in the purchase of Anobit’s technology due in part to increased performance and memory space of its devices. New iPads and MacBook products could double in memory volume, giving Apple even more edge on the market.
Korean based companies such as Samsung and Hynix are key clients when purchasing flash memory products from Anobit. Apple currently uses Hynix as a supplier as the Anobit chips are incorporated into its flash drivers.