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December 21, 2011 05:05 pm

Apple Buys Israeli Flash Manufacturer


Lucas123 writes "According to published reports Apple is plunking down up to $500 million to purchase solid-state drive start-up Anobit Technologies. Even Israeli Prime Minister Benjamin Netanyahu tweeted about the deal congratulating Apple on its first acquisition in his country. Apple is planning to use the acquisition to set up to set up a semiconductor development center in Israel. Apple already uses NAND flash from Anobit in its iPhone, iPad and MacBook Air products, according to the reports."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/KYDu0IWPP1M/apple-buys-israeli-flash-manufacturer

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