Apple Reportedly Buying Flash Memory Company Anobit For $400 Million – $500 Million

12/13/2011 08:01 am ET
  • TechCrunch

Apple is reportedly going to use part of its enormous pile of cash to buy an Israeli fabless semiconductor company that specializes in flash storage solutions. Calcalist reports – in Hebrew – that the world’s most valuable company is in talks to buy Herzliya Pituach, Israel-based Anobit for $400 million to $500 million.

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