Anobit
Anobit is a fabless semiconductor company founded in Israel in 2006 that developed a key component to improve the performance of flash memory chips. The company's proprietary technology improves the speed, endurance, and performance of solid-state storage systems, and drives down cost.
The credibility we got with Intel Capital as a major investor in the company was very important to us.
Intel Capital's Role
- Intel Capital discovered Anobit's potential through Intel's Non-Volatile Memory Solutions Group.
- Intel Capital had earlier invested in companies owned by Anobit's co-founders.
- Intel Capital invested in Anobit in 2010.
Business Benefits
- Intel Capital's investment and backing gave Anobit instant credibility.
- Anobit met with Intel business units, leading to an agreement and discussions on industry problems and solutions.
- Anobit executives connected with potential partners and customers worldwide at the Intel Capital Global Summit.
- The value of Anobit rose, leading to its acquisition by Apple in 2012.
