Anobit Technologies, Ltd. () 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 Flash memory is an Integrated circuit, electronic Non-volatile memory, non-volatile computer memory storage medium that can be electrically erased and reprogrammed. The two main types of flash memory, NOR flash and NAND flash, are named for t ...

controllers. They were acquired by

Apple An apple is a round, edible fruit produced by an apple tree (''Malus'' spp.). Fruit trees of the orchard or domestic apple (''Malus domestica''), the most widely grown in the genus, are agriculture, cultivated worldwide. The tree originated ...

in 2012 as they were the maker of a flash-memory drive component for the

iPhone The iPhone is a line of smartphones developed and marketed by Apple that run iOS, the company's own mobile operating system. The first-generation iPhone was announced by then–Apple CEO and co-founder Steve Jobs on January 9, 2007, at ...

Background

The firm was founded in 2006 by Prof. Ehud Weinstein, Ariel Maislos, and Dr. Ofir Shalvi. It holds 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 sufficiency of disclosure, enabling discl ...

s (24 granted and 41 pending), including Memory Signal Processing technology. It was headquartered in

Herzliya Herzliya ( ; , / ) is an affluent List of Israeli cities, city in the Israeli coastal plain, central coast of Israel, at the northern part of the Tel Aviv District, known for its robust start-up and entrepreneurial culture. In it had a populatio ...

, with an American office in

Marlborough, Massachusetts Marlborough is a city in Middlesex County, Massachusetts, United States. The population was 41,793 at the 2020 United States census, 2020 census. Marlborough became a prosperous industrial town in the 19th century and made the transition to high ...

. Investors in the company included Boston-based

Battery Ventures Battery Ventures is a global, 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 Lond ...

(Scott Tobin).

Acquisition

Anobit was acquired on January 6, 2012 by

Apple Inc. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Comput ...

for a reported $390 million.

References

{{Apple Electronics companies of Israel Defunct computer hardware companies 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

Background

Acquisition

See also

References