Global technology major Apple is eyeing its largest acquisition ever as it entered talks to acquire Israeli fabless semiconductor maker Anobit for $400-500 million.
CHECK OUT:Top 10 smartphones of December
Apple is interested in Anobit for an exclusive access to its embedded flash controllers, which can significantly boost memory performance of smartphones and tablet computers, Xinhua reported.
The deal, if finalised, will also be new Apple CEO - Tim Cook's - first, after iconic leader and Apple founder Steve Jobs passed away in early October. The deal will surpass Apple's purchase of NeXT in 1997 for $404 million.
Apple Mac App Store hits 100 mn downloads mark
The iPhone-iPad maker already uses Anobit's technology in its flagship iPhone, iPad and the MacBook Air.
- With IANS inputs