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Anobit

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Anobit Technologies, Ltd.
אנוביט
IndustryComputer memory
Founded2006; 20 years ago (2006)
FounderEhud Weinstein
Ariel Maislos
Ofir Shalvi
Defunct2012
FateAcquired by Apple
Headquarters
Herzliya Pituah, Herzliya
,
Israel
ProductsFlash data storage devices
Number of employees
200 (2012)
Websiteanobit.com (archived)

Anobit Technologies, Ltd. (Hebrew: אנוביט) was an Israeli fabless designer of flash memory controllers.[1] It was acquired by Apple in 2012 as it was the maker of a flash-memory drive component for the iPhone.[2]

Background

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The firm was founded in 2006 by Prof. Ehud Weinstein, Ariel Maislos, and Dr. Ofir Shalvi. In March 2012, it held 65 patents (24 granted and 41 pending),[3] including Memory Signal Processing technology.[4] It was headquartered in Herzliya, with an American office in Marlborough, Massachusetts. Investors in the company included Battery Ventures, Pitango Venture Capital and Intel Capital. Reuters put the total raised at about US$76 million,[5] while Globes gave $77 million.[6]

Acquisition

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Calcalist reported on December 20, 2011, that Apple had bought Anobit for up to $500 million.[7] Globes reported a price of $350 million to $400 million.[6] On January 11, 2012, Apple confirmed the purchase but did not give a price.[5][8] Bloomberg, citing two Anobit shareholders, reported that the price was about $390 million.[9]

See also

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References

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  1. ↑ Schonfeld, Erick (January 11, 2012). "Why Apple Bought Anobit". TechCrunch. Retrieved February 5, 2012.
  2. ↑ Wainer, David (February 26, 2015). "Apple's Cook in Israel Reminds Startup Nation of Education Gap". Bloomberg. Retrieved March 7, 2017.
  3. ↑ Freixes, Alejandro (March 12, 2012). "Beyond Anobit: Apple's game of thrones forces rivals to kneel". Patexia. Retrieved March 12, 2012.
  4. ↑ Maleval, Jean-Jacques (December 14, 2011). "Apple Eying SSD Start-Up Anobit". StorageNewsletter.com. Retrieved February 5, 2012.
  5. 1 2 "Apple buys Israeli technology firm Anobit". Reuters. January 11, 2012.
  6. 1 2 Shelach, Shmulik (December 20, 2011). "Apple to buy Anobit for $350-400m". Globes.
  7. ↑ "Apple buys Israel's Anobit for $500 million: report". Reuters. December 20, 2011.
  8. ↑ "Apple has bought Israeli flash-memory co. Anobit". The Seattle Times. Associated Press. January 11, 2012.
  9. ↑ Solomon, Shoshanna; Ferziger, Jonathan; Barden, Andrew J.; Maedler, Claudia (January 12, 2012). "Apple Said to Acquire Israel's Anobit Technologies for About $390 Million". Bloomberg. Retrieved February 5, 2012.
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