U.S. Semiconductor Newcomers Transmit Apple to Purchase

    According to a report by the Israeli "Calcalist", Apple Inc. is in the process of acquiring Anobit Technologies Ltd, a national semiconductor designer. In-depth negotiations, the purchase price estimate of 400 million U.S. dollars to 500 million U.S. dollars.

    The newspaper pointed out that after being greeted by Apple, Anobit may become Apple's R&D center in Israel.

    Anobit was founded in 2006 and produces flash memory products for smart phones and tablets. The report pointed out that Apple's iPhone and iPad are already using some of the products provided by Anobit, and Anobit will be Apple's first acquisition target in Israel.

    Anobit had announced in August that the shipment of embedded flash memory controllers (EFCs) so far this year has exceeded 20 million. Anobit's memory signal processing technology uses a dedicated signal processing algorithm to improve the performance of flash memory chips.

    According to Anobit's official website, the company raised US$76 million from venture capitalists such as Battery Ventures and Pitango Venture Capital.

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