Tag Archives: Anobit
More on Apple’s Anobit acquisition: Team remains in Israel (for now), headed by notable chip VP
During the question-and-answer section of Apple’s blowout Q1 2012 earnings call, Apple CEO Tim Cook let out a widely known fact from within the company: Apple Senior Vice President of Hardware Engineering Bob Mansfield is now in charge of the team that comes from Anobit, an Israel-based SSD company that Apple acquired earlier this month. [...]
Hynix, Micron turn to Taiwan following Apple’s Anobit buy
News broke earlier this week that Apple has acquired Israel-based fabless flash memory firm Anobit for as much as $400 million according to TheMarker, adding another leading chip maker to the company’s portfolio. Anobit’s NAND flash memory is already used in Apple products including the iPhone and iPad, and the firm’s technology is said to offer several advantages over that of its rivals. As DigiTimes pointed out in a recent report, the move also means Anobit’s other clients are now forced to look elsewhere as Apple becomes the exclusive owner of Anobit’s chip technology. Major players including Hynix and Micron were Anobit partners in the past, taking advantage of the company’s proprietary technology that improves the performance and lifespan of
Jobs’s passing and fear of stalled innovation prompt Apple to enter Israel, former exec says
News emerged earlier this week that Apple had acquired Israel-based fabless chip maker Anobit for as much as $500 million. Beyond the team and flash memory technology Apple will gain from the acquisition, the company reportedly plans to use the Anobit’s facilities as a research and development center. The deal is big for Apple on several levels — Anobit’s class-leading flash memory chips are already used in the iPhone, iPad and MacBook Air — but one former Apple executive believes fear was among the factors that motivated Apple to enter Israel, which is heralded by many as the “second Silicon Valley.” Read on for more. “I think Apple is now entering Israel because of the loss of Jobs,” Eric Sirkin, a
Apple buys flash storage maker Anobit for $500 million, aims to establish R&D lab in Israel
The rumor mill has been churning on this one for the last few days, but it's now as official as it's ever apt to get: Apple has decided to splash out the $500 million to buy Israeli flash-chip outfit Anobit. The fabless designer of MLC NAND flash ...
Apple Reportedly Finalizes Deal With Flash Memory Company Anobit
It seemed last week like Apple was eyeing up flash memory technology company Anobit for a potential purchase, and now word from Israeli news outlet Calcalist is that the multi-million dollar deal has been finalized.
While Anobit has already broken the news to their employees, many of the deal's salient details are still unknown to outsiders. There's still no word on exactly how much Apple paid in the acquisition aside from the vague "400 to 500 million" price tag mentioned last week, and 9to5mac's sources mention that Anobit's executive team haven't yet been formally introduced to Apple employees.
Apple acquires Israeli flash memory firm Anobit for $500 million
Apple has reportedly completed its acquisition of Israel-based flash memory firm Anobit in a deal worth up to $500 million. Hebrew-language financial newspaper Calcalist on Tuesday claimed that a deal had been reached after reporting earlier this mont...
Apple Spending Tons of Cash on Israeli Super Memory [Guts]
Israeli financial paper Calcalist reports Apple has thrown down some serious stacks to acquire Anobit, a flash memory firm. But the purported $400-500 million (!) buyout isn't just for any memory firm&m...
Report: Apple could turn Anobit purchase into development center, R&D VP Ed Frank touring Israel
Calcalist, a daily business newspaper published in Israel by the Yedioth Ahronoth Group (which also publishes Yedioth Ahronoth, the country’s most widely circulated newspaper) on Tuesday ran a story claiming Apple was actively engaged in talks to buy fabless flash memory chip maker Anobit for as much as half a billion dollars. In a follow-up story this morning, Calcalist reports [...]
Apple may buy Israeli flash memory firm Anobit for $400-$500 million
Apple may be preparing to purchase Anobit, an fabless Israeli firm that specializes in flash storage solutions for mobile and enterprise markets. The Cupertino-based company could be willing to spend between $400 million and $500 million on Anobit, Ca...
Rumor: Apple in talks to buy Israeli flash memory chip maker Anobit
People have been wondering what should Apple do with its cash hoard since the dawn of time and the company’s silence on the matter has only fueled speculation and increased pressure on the new CEO to pay a cash dividend, which they had stopped doing in 1995. If TechCrunch is to be believed, which relayed [...]
