Apple to Acquire Memory Manufacturer for up to $500M

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  • NewsyTech Apple is rumored to be eyeing an acquisition of Israeli semiconductor company Anobit. What makes this acquisition special? How about the price tag - as much as $500 million. The rumors surfaced in the Hebrew business newspaper Calcalist, which reported Apple would likely pay between $400 and $500 million for the memory manufacturer. The company doesn't publicize its clients, but the report claims Apple already uses Anobit's technology in its consumer products.
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