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Video Surveillance system tags, tracks and follows The BlackBerry maker's tumultuous year Saudi prince buys Twitter stake for $300 million Follow Reuters Facebook Twitter RSS YouTube Read Deutsche Telekom could be forced into arms of Sprint 9:05am EST Clinton says U.S. to help women broker peace 19 Dec 2011 Wall Street rallies as euro zone worries ease | 10:50am EST In mourning, hermit kingdom North Korea seals itself off | 10:39am EST Apple scores limited victory in smartphone patent war 12:11am EST Discussed 269 Ron Paul gains ground, further stirring Republicans 142 Ron Paul strongly defends anti-war policies 114 North Korea state TV says Kim Jong il has died Watched Japan picks the F35 as regional uncertainty rises Mon, Dec 19 2011 Egypt riot police clear Tahrir 5:55am EST North Koreans mourn Kim's death Mon, Dec 19 2011 Apple buys Israel's Anobit for $500 million: report Tweet Share this Email Print Related News Apple supplier Pegatron hit by China plant blast Mon, Dec 19 2011 Apple to open R&D center in Israel: report Thu, Dec 15 2011 Apple in talks to buy Anobit for $400-$500 million: report Tue, Dec 13 2011 Apple in talks to buy Anobit for $400-$500mln-report Tue, Dec 13 2011 Samsung plans flash chip line in China Tue, Dec 6 2011 Analysis & Opinion A United Korea and possible investment opportunities AMD slowly replenishes its ranks Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » JERUSALEM | Tue Dec 20, 2011 5:58am EST JERUSALEM (Reuters) - Apple has bought Israel's Anobit, a maker of flash storage technology, for up to $500 million, the Calcalist financial daily reported on Tuesday. The newspaper said Anobit's management was in the process of gathering its staff to formally announce the acquisition by Apple. Last week Calcalist had reported that Apple was in advanced talks to buy Anobit for $400-$500 million. In addition to the acquisition, Apple will also open a research and development centre in Israel, its first outside the United States, Calcalist said. Anobit and Apple were not available for comment. Anobit has developed a chip that enhances flash drive performance through signal processing. The chip is already incorporated in Apple devices such as the iPhone, iPad and the MacBook Air. Last week, Calcalist said Apple was interested in Anobit's technology to increase and enhance the memory volume and performance of its devices. The chip may as much as double the memory volume in the new iPads and MacBooks. (Reporting by Steven Scheer; Editing by Helen Massy-Beresford) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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