Israeli startup Anobit could be first Israeli investment by Apple
Rumor has it that Apple is in advanced negotiations for the acquisition of Israeli startup Anobit for about $400-$500 million. This would be the first Apple acquisition of an Israeli company. Anobit developed a chip which enhances flash drive performance through signal processing (DSP). The chip is already incorporated in Apple’s bestselling devices, such as the iPhone, iPad and the MacBook Air.
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