Wednesday, December 21, 2011

Apple buys Anobit for $500 million

Apple bought Anobit a company based in Israel, which is Flash storage manufacturer for $500 million.
Apple came up with this purchase surely to boost the flash products, iPod, iPhone and Macbook Air. The news came in the light as the Prime Minister of Israel tweeted:
"Welcome to Israel, Apple Inc. on your [first] acquisition here. I'm certain that you'll benefit from the fruit of the Israeli knowledge."
and there are some news floating around about Apple's plans to open it's first research and development center outside the US.


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