Last week Israeli news site Calcalist reported that Apple was in talks with Anobit for a buy out with a supposed value of $400 to $500 million. Now Calalist is reporting (in Hebrew) that the deal has actually been finalized in that price range, but it has not been confirmed. If true, this could make it the most expensive acquisition ever for Apple with the former record holder being NeXT back in 1996 that saw Steve Jobs return to the company.
Neither company has yet to comment on the deal, and the closest thing to anything official being said was the following tweet from the Israeli Prime Minister’s account:
Welcome to Israel, Apple Inc. on your 1st acquisition here. I’m certain that you’ll benefit from the fruit of the Israeli knowledge.
For all we know he could have been basing that off of the reports, but time will tell.
Supposedly the Anobit executives have yet to be introduced to the Apple employees, but that they have informed their staff of the deal now being completed. There is every chance Apple will also never say a word as it has been known to keep some acquisitions quiet for reasons known only to them.
As we said last week, with Apple’s growing dependance on flash memory, it only makes sense that they would want to bring more of that work in-house. Why keep paying third parties for something you could do on your own? Now lets see if Anobit keeps working with Samsung, that will be the interesting part.
What do you think of this possible purchase by Apple?