Anobit Technologies

Company Overview

Snapshot

Founded in January 2006 by Ariel Maislos, Anobit Technologies operated with 51–200 employees. The company raised $72 million across 3 funding rounds from 3 investors before being acquired by Apple in December 2011.

Business overview

Anobit Technologies was a fabless semiconductor company specializing in solutions for the Flash memory market. The company developed technology to optimize Flash memory devices for various storage solutions, operating within the Industrial Technologies sector, specifically focusing on Microelectronics & Photonics Solutions and Semiconductors & Electronics.

Strategic signal

In November 2012, TechCrunch reported on Apple's acquisition of Anobit Technologies, highlighting the strategic importance of Anobit's flash memory controllers for Apple's leading products. This acquisition underscored Apple's commitment to strengthening its in-house chip design capabilities and expanding its post-PC device offerings, signaling a growth-positive move for the acquiring company.

Company Intelligence Q&A

When was Anobit Technologies acquired?

Anobit Technologies was acquired by Apple in December 2011.

What was the estimated acquisition amount for Anobit Technologies?

The acquisition of Anobit Technologies by Apple was estimated to be between $400 million and $500 million, as reported in November 2012.

Which investors participated in Anobit Technologies' A Round funding?

In August 2007, Anobit Technologies secured A Round funding from investors including.

Which investor participated in Anobit Technologies' C Round funding?

In November 2010, Anobit Technologies secured C Round funding from Intel Capital.

What was the strategic rationale behind Apple's acquisition of Anobit Technologies?

Apple acquired Anobit Technologies to integrate its flash memory controllers into Apple's products and to expand its team of chip engineers, enhancing its ability to design proprietary chips for post-PC devices, as reported in November 2012.