Daily Israel Report
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News Brief

  1/11/2012, Tevet 16, 5772

Apple Purchase of Israeli High Tech Company Confirmed


A Bloomberg news article on Wednesday confirmed that the Apple computer company has purchased Israel's Anobit Technologies Ltd. for an undisclosed sum of money. Anobit manufactures computer parts for flash drives in the iPhone and iPad. According to Bloomberg news, "the Anobit deal is the company’s first acquisition in Israel."