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Apple may buy flash memory company Anobit for roughly $500 Million

Looks like Apple is out for some holiday shopping. We‘ve just got word that Apple is considering buying Israel ...
December 14, 2011 / 13:20 IST

Looks like Apple is out for some holiday shopping. We’ve just got word that Apple is considering buying Israel-based flash memory solutions company, Anobit for an estimated $400 to $500 million. If this actually pans out, it will be Apple’s biggest acquisition, since the company bought NeXt back in 1997, which is how the late Steve Jobs re-joined Apple.

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