Apple reportedly interested in flash memory company Anobit

Anobit, a company that makes NAND flash memory -- the kind used extensively in everything from iPhones to iPads to MacBook Airs -- is apparently in Apple's acquisition radar of Apple. According to TechCrunch, the price could even be in the $400 - 500 million range.

What makes Anobit stand out from the crowd is their highly innovative, efficient solution based on its proprietary MSP (Memory Signal Processing) technology and which aim sto improve the speed, endurance and performance of the drives. Purchases of non-software related companies are usually pretty rare, and only two have been documented by Apple, so we will wait to see if this all plays out.

Source: TechCrunch