Apple Buys Anobit In Israel

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When we told you about Apple’s plans to launch a Research and Development center in Israel, we also talked about Apple’s intention increase its presence in Israel due to some rumors of Apple’s intention to buy a company called Anobit in Israel.

Apple had neither confirmed the news nor denied it. Now our sources tell us that the rumored deal has been finalized and Apple has bought Anobit for an amount somewhere between US $400 Million or $500 Million.

Anobit’s executive team, comprising of Chairman and CEO Ehud Weinstein, President Ariel Maislos, and more reportedly informed their employees that the deal for a sale to Apple had been finalized. Anobit’s campus is located in Herzliya, which is known as the Silicon Valley of Israel.

Israeli news website Calcalist Reports were the first to report this news in Israel. So far, Anobit’s executive squad has not been formally introduced as Apple employees, but if Calcalist’s report proves accurate, that can be expected to happen in very near future. The possibility of Apple actually choosing to formally announce the acquisition cannot be ruled out. This is because earlier this year, Apple bought C3 Technologies, a 3D mapping company. However, that acquisition was never announced.

For those who have not heard of Anobit, Anobit is one of the best flesh memory developers in Israel. They develop flash memory that is typically more reliable, faster, and better performing than the flash memory that found in market.

Source: 9 TO 5 Mac

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