When people think Apple Inc. (AAPL - Free Report) , they primarily associate the multinational, Silicon Valley-based corporation with iPods, MacBook Pros, iTunes, and the company’s founder, Steve Jobs. Some people believe Mr. Jobs to be a visionary who revolutionized the way individuals interact with technology, while others do not quite understand the hype.
What Apple is not always associated with is its multiple subsidiaries, the number of companies it purchases, and how the corporation is organized. This is due to the company being rather secretive with its finances.
As of January 2016, Apple is publically known to have acquired 70 companies. The actual total is potentially larger as Apple does not reveal the majority of its acquisitions, unless they are discovered by journals. The purchased companies, for the most part, are then integrated into existing projects.
Due to Apple’s concealment of its business operations, the following is a guide to what is known about how Apple is organized.
Information about Anobit is relatively small. Anobit is a fabless semiconductor company based in Israel that makes a key component that improves the performance of NAND flash memory chips, which are used in iPhones, iPads, iPods, and MacBook Airs. Apple bought the company back in 2012 for an unconfirmed price; it is speculated to be between $400 million and $500 million.
Apple bought Anobit for two reasons: one, Anobit’s flash memory controllers are a key component of aforementioned Apple products, and two, Apple added a large team of chip engineers to its payroll. Apple had at least 1,000 chip engineers, and according to TechCrunch, roughly 160 of Anobit’s 200 employees were engineers.
Apple Operations International, Et. Al