(Computerworld-Neowin) Lucas Mearian - Apple purchased Israeli NAND flash design firm Anobit in January for an estimated $400-500 million, Reuters reported. "Particularly in flash memory they have really good talent over there," said Ryan Chien, an analyst with market research firm IHS iSuppli. Flash storage is at the forefront of technology powering current industry trends such as cloud services, virtualization and online transaction processing. Israel has long been home to flash storage development. USB flash drives were invented by the Israeli company M-Systems in partnership with IBM. M-Systems was bought out by flash drive maker SanDisk in 2006.
2012-05-18 00:00:00Full ArticleBACK Visit the Daily Alert Archive