Apple in talks to buy Anobit for its flash technology

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JERUSALEM: Apple Inc is in talks to buy Israel’s Anobit, a maker of flash storage technology, for as much as US$500mil (RM1.5bil).

The Calcalist financial daily said Apple is in advanced negotiations to buy Anobit for US$400mil to US$500mil (RM1.2bil to RM1.5bil).

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