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Apple Confirms Anobit Buy
Cupertino-based
Apple
said Wednesday that it has acquired
Anobit
, an Israeli developer of flash storage products. Financial terms of the acquisition were not disclosed, although the acquisition has previously been reported to be worth as much as $500M. Anobit's products are used in the Apple iPhone, iPad, and other hardware. Anobit was venture backed by Intel Capital, Battery Ventures, and Pitango Venture Capital.
posted on Wednesday, January 11, 2012
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Apple Computer
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