ISRAEL

Apple's Deal to Acquire Anobit Done: Report

Apple
Anobit told employees today that Apple (NASDAQ: AAPL) had made an offer for the firm and it had accepted. Employees were told that once the deal is formally completed they will be employees of Apple, according to Israel's Calcalist. The deal is reportedly for nearly $500 million, which makes it Apple's largest acquisition. It is also the first acquisition in Israel for the Cupertino, Calif.-based company.
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