Apple completes acquisition of flash memory company Anobit

Apple has reportedly completed the purchase of NAND flash memory maker Anobit.

Steve Dowling, a spokesman for Cupertino, California-based Apple, said today that the purchase had been made, while declining to elaborate. The statement confirmed a December report from in the Israeli newspaper Cacalist.

The deal should help Apple secure key components in the iPad, iPhone and iPod touch and re-secures Apple's position as the largest purchaser -- and now producer -- of this type of flash memory in the world.

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With the acquisition of Anobit, Apple now has secure and unobstructed access to efficient solutions based on Anobit's proprietary MSP (Memory Signal Processing) technology, which aims to improve the speed, endurance and performance of the drives.

Source: Bloomberg