There have been a lot of rumours that Apple was trying to acquire Anobit Technologies, an Israeli company. Anobit Technologies produces flash-memory drive, both for iPhone and iPad. In this latest update, Apple has confirmed that it has acquired the company. Steve Dowling, a spokesperson for Apple, said that he couldn’t disclose the plans of Apple regarding Anobit. It has been estimated that Apple sealed the deal at about $400 – $500 million.