According to Reuters, Apple has purchased Anobit, the Israeli company that makes flash memory technology used in iPhones, iPads and MacBook Airs. With the reported purchase price of $500 million, this is Apple’s largest acquisition in the history of the company, even larger than the $472 million they paid for NeXT once 14 years of inflation is taken into account.
Apple is currently the world’s largest consumer of flash memory, so this is probably a good move for the company as more of their products transition to solid state memory.
We’ll keep you updated with more information as this story develops.
Source: Fortune
