Seeking Alpha

Apple (AAPL) confirms it has bought Israeli flash-storage company Anobit, which supplies chips...

Apple (AAPL) confirms it has bought Israeli flash-storage company Anobit, which supplies chips for the iPad and other devices. Israeli media reported last month that Apple paid around $500M for Anobit, whose investors included Intel (INTC).
From other sites
Comments (3)
  • minifesto
    , contributor
    Comments (51) | Send Message
     
    Strange that INTC let Apple buy Anobil.
    11 Jan 2012, 09:03 AM Reply Like
  • Keep It Simple
    , contributor
    Comments (471) | Send Message
     
    Intel might not have had enough voting power to veto the purchase.
    11 Jan 2012, 10:18 AM Reply Like
  • Jaded Consumer
    , contributor
    Comments (708) | Send Message
     
    Depending on the circumstances under which INTC invested, it may have had little opportunity to negotiate something like a right of first refusal.

     

    Also, INTC has a track record of being scrutinized by antitrust regulators over efforts to prevent others from competing in microprocessors. Denying memory controller technology to a competitor might carry a risk profile unattractive to Intel Legal.

     

    That said, one would think this acquisition particularly frightening in the hands of the world's largest OEM consumer of NAND Flash.

     

    Does anyone know how big a deal Anobit's controller tech was? From the white papers on the site before it was taken down, it seemed to enable high-reliability performance from low-dollar parts – something that would be of outstanding value in a data center, particularly in the cache of a large database. But everyone knows Apple doesn't make enterprise products ;-)
    18 Mar 2012, 02:45 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs