Apple (AAPL) Said to Acquire Flash Storage Chipmaker Anobit in ~$500M Deal
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Reports Tuesday suggest Apple (Nasdaq: AAPL) is making a go for flash storage maker Anobit in a deal valued around $500 million.
According to Israel's Calcalist financial daily newspaper, the deal is already finalized and management is making preparations to announce the news.
Apple will also be building a research and development center in Israel, the first outside of the U.S.
Anobit's flash drive chip is already being used in several Apple devices like the iPad, iPod, and MacBook Air. New chips out of Anobit may also be able to double memory volume in iPads and MacBooks.
According to Israel's Calcalist financial daily newspaper, the deal is already finalized and management is making preparations to announce the news.
Apple will also be building a research and development center in Israel, the first outside of the U.S.
Anobit's flash drive chip is already being used in several Apple devices like the iPad, iPod, and MacBook Air. New chips out of Anobit may also be able to double memory volume in iPads and MacBooks.
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