Anobit acquisition keeps Apple ahead in flash memory
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