M&A Deal Summary

Apple Acquires Anobit Technologies

On December 20, 2011, Apple acquired semiconductors company Anobit Technologies for 450M USD

Acquisition Highlights
  • This is Apple’s 3rd transaction in the Semiconductors sector.
  • This is Apple’s 3rd largest (disclosed) transaction.
  • This is Apple’s 1st transaction in Israel.

M&A Deal Summary

Date 2011-12-20
Target Anobit Technologies
Sector Semiconductors
Buyer(s) Apple
Deal Type Add-on Acquisition
Deal Value 450M USD

Target

Anobit Technologies

Pituach, Israel
Anobit provides flash storage solutions for enterprise and mobile markets, based on its proprietary MSP (which stands for ‘Memory Signal Processing’) technology. Its solutions are designed to improve the speed, endurance and performance of flash storage systems while driving down the cost. Israeli maker of a flash-memory drive part for the iPhone, people familiar.

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Buyer(S) 1

Buyer

Apple

Cupertino, California, United States

Category Company
Founded 1977
Sector Technology Hardware
Employees164,000
Revenue 391.0B USD (2024)
DESCRIPTION

Apple is a diversified technology company offering technology hardware, software, and media. Apple sells a line of computers, cell phones, tablets - as well as manages an ecosystem of apps. Apple was founded in 1977 and is based in Cupertino, California.


DEAL STATS #
Overall 35 of 113
Sector: Semiconductors M&A 3 of 6
Type: Add-on Acquisition M&A Deals 35 of 112
Country: Israel M&A 1 of 5
Year: 2011 M&A 2 of 2
Size (of disclosed) 3 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 C3 Technologies AB

Linkoping, Sweden

C3 Technologies creates incredibly high-quality and detailed 3D maps with virtually no input from humans. The 3D mapping is camera based and the technology picks up buildings, homes, and even smaller objects like trees. C3′s solution comes from declassified missile targeting methods.

Buy $267M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-23 Chomp

San Francisco, California, United States

Chomp, Inc. an algorithm that learns the functions and topics of apps, so you can search based on what apps do, not just what they’re called. Given that the fastest way to find something on the App Store currently is to actually know the name of what you’re looking for, this could be a good thing.

Buy $50M