Lucas123 writes: According to published reports Apple is plunking down up to $500 million to purchase solid-state drive start-up Anobit Technologies. Even Israeli Prime Minister Benjamin Netanyahu tweeted about the deal congratulating Apple on its first acquisition in his country. Apple is planning to use the acquisition to set up to set up a semiconductor development center in Israel, where Anobit is located. Apple already uses NAND flash from Anobit in its iPhone, iPad and MacBook Air products, according to the reports. Anobit's IP rests in its flash controller's use of two instances of ECC, which it calls its "Memory Signal Processing" technology, to increase endurance and reliability of consumer-grade NAND so it can withstand up to 50,000 erase/write cycles, making it suitable for even data center use.