Apple today confirmed earlier reports it has acquired Israel-based flash memory startup Anobit.
Apple's acquisition of the company, which makes flash memory technology found in the iPhone, iPad, and MacBook Air, was first reported in December by Israel's Calcalist business news site. The deal was reported to be worth $400 million to $500 million.
Apple spokesman Steve Dowling confirmed the acquisition to Bloomberg but declined to discuss the purchase price or the company's plans for the startup.
If the deal happened in the price range previously reported, it would rank as one of Apple's largest to … Read more