Three months after the death of cofounder Steve Jobs, Apple has confirmed the purchase of Israeli flash memory storage company Anobit Technologies, one of the largest acquisitions in the Cupertino, California-based company’s history.
Terms of the deal were not disclosed, but various reports estimated its value as being somewhere between $400 million and $500 million, with Bloomberg, citing anonymous individuals familiar with the transaction, pegging the purchase price at $390 million.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
