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Anobit Technologies, Ltd. ( he, אנוביט) was an Israeli
fabless Fabless manufacturing is the design and sale of hardware devices and semiconductor chips while outsourcing their fabrication (or ''fab'') to a specialized manufacturer called a semiconductor foundry. These foundries are typically, but not exclu ...
designer of flash memory controllers. They were acquired by
Apple An apple is an edible fruit produced by an apple tree (''Malus domestica''). Apple trees are cultivated worldwide and are the most widely grown species in the genus ''Malus''. The tree originated in Central Asia, where its wild ancestor, ' ...
in 2012 as they were the maker of a flash-memory drive component for the iPhone.


Background

The firm was founded in 2006 by Prof. Ehud Weinstein, Ariel Maislos, and Dr. Ofir Shalvi. It has a portfolio of 65
patent A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention."A ...
s (24 granted and 41 pending), including Memory Signal Processing technology. It was headquartered in
Herzliya Herzliya ( ; he, הֶרְצְלִיָּה ; ar, هرتسليا, Hirtsiliyā) is an affluent city in the central coast of Israel, at the northern part of the Tel Aviv District, known for its robust start-up and entrepreneurial culture. In it h ...
, with an American office in Marlborough, Massachusetts. Investors in the company included Boston-based
Battery Ventures Battery Ventures is an American technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and Lon ...
(Scott Tobin).


Acquisition

Anobit was acquired on January 6, 2012 by
Apple Inc. Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the largest technology company by revenue (totaling in 2021) and, as of June 2022, is the world's biggest company ...
for a reported $390 million.


See also

*
Science and technology in Israel Science and technology in Israel is one of the country's most developed sectors. Israel spent 4.3% of its gross domestic product (GDP) on civil research and development in 2015, the highest ratio in the world. In 2019, Israel was ranked the world' ...
* Economy of Israel *
List of companies of Israel This is a list of notable companies in Israel. A * Adallom * AdExtent * Aeronautics Defense Systems * Africa Israel Investments * Ahava * Aladdin Knowledge Systems * Allot Communications * Alvarion * Am Oved * Amdocs * Amit, Pollak, Mata ...
*
List of mergers and acquisitions by Apple Apple Inc. is an American multinational corporation that designs and manufactures consumer electronics and software products. It was established in Cupertino, California, on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne, and was ...


References

{{Apple Computer companies established in 2006 2006 establishments in Israel Privately held companies of Israel Computer memory companies Fabless semiconductor companies Apple Inc. acquisitions Mergers and acquisitions of Israeli companies Apple Inc. subsidiaries 2012 mergers and acquisitions