The rumor mill has been churning on this one for the last few days, but it’s now as official as it’s ever apt to get: Apple has decided to splash out the $500 million to buy Israeli flash-chip outfit Anobit . The fabless designer of MLC NAND flash chips should be a good fit, given Cupertino’s reliance on solid state storage technology for its iPad, iPod, iPhone and Macbook Air lines. With $84 billion in the bank, the purchase has cost the company just over half a percent of its war chest, and we’re guessing it’ll just barely feel the pinch when said funds are transferred over

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Apple buys flash storage maker Anobit for $500 million, aims to establish R&D lab in Israel









