Apple May Purchase a Flash Memory Company for $500 Million

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In a span of just 10 years, Apple has disrupted the way every major company thinks and reacts to what Apple releases. It seems that these tech companies just try to replicate what Apple does in a poor way. Now, the company is about to disrupt the chipmaker companies (ex: Intel, Samsung). A new report has it that Apple is planning to acquire Anobit, an Israel-based flash memory company for anywhere between $400 million and $500 million.

TechCrunch cited a  Hebrew-language report that says Apple plans to acquire the 200-employee Israeli fabless semiconductor company that specializes in flash storage. Hmmm, let’s think for a minute. If Apple acquires this flash memory company, then that means they don’t need to rely on chipmakers like Intel and Samsung. Currently, Samsung makes the A5 processor for Apple and Macs use Intel’s chip. Now if Apple does decide to ditch both these chipmakers, majority of their revenue is significantly decreased, which will eventually make them rethink their business model. Another possible target for acquisition is Fusion-io (another chip maker which Apple uses).

If the deal goes through,  it’s believed to be the first acquisition for Apple with Tim Cook as CEO. Rumor has it that Apple is already relying on Anobit’s solutions for its flash-based products, including the iPhone, iPad and MacBook Air. The company is said to find the  Anobit’s MSP20xx embedded flash controllers for mobile devices the most interesting.



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Parth Dhebar

Parth Dhebar is a 18 year-old entrepreneur. He is the founder of Simple Reviews, a blog focused on reviewing iPhone and iPad applications. Parth is a recognized name in the industry, known for covering Apple news. He is an editor at Techie-Buzz covering news on Apple. You can follow him on Twitter @pdparticle.