Apple May Be Acquiring Flash Storage Maker For $400-$500 Million
The price tag for the Israel-based company is said to be between $400-$500 million. The apparent key to the purchase would be Anobit’s MSP (Memory Signal Processing) technology, which is to simultaneously drive down the cost of flash storage and improve its performance and longevity.
Anobit MSP2025 embedded flash controller
Anobit has both mobile and enterprise-class storage products, and though it’s obvious that Apple would use the former, it’s unclear if it will want anything to do with the latter.
Neither Apple nor Anobit has yet commented publicly on the report.