Science News Headlines | Latest Science News Articles – Yahoo! India News: Apple in talks to buy Anobit for $400-$500mln - report

Science News Headlines | Latest Science News Articles – Yahoo! India News Latest Science news headlines from Yahoo! India News. Find science news articles, videos, pictures and in-depth Science coverage from India and around the world.

Apple in talks to buy Anobit for $400-$500mln - report Dec 13th 2011, 11:48 JERUSALEM (Reuters) - Apple Inc is in talks to buy Israel's Anobit, a maker of flash storage technology, for as much as $500 million, according to a report published on Tuesday. The Calcalist financial daily said Apple is in advanced negotiations to buy Anobit for $400 million to $500 million. Anobit has developed a chip that enhances flash drive performance through signal processing. The chip is already incorporated in Apple devices such as the iPhone, iPad and the MacBook Air. Anobit is also examining a large financing round with a leading Asian flash memory manufacturer, Calcalist said. ...

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

Posted in: science