- Associated Press - Wednesday, January 11, 2012

NEW YORK (AP) - Apple is confirming it has bought Anobit Technologies, an Israeli maker of flash memory technology already used in many of its gadgets.

Apple Inc. spokesman Steve Dowling says that Apple buys smaller tech companies from time to time, but generally does not give a reason why. The company is not giving financial terms.

Anobit could not be reached for comment after business hours in Jerusalem Wednesday.

Bloomberg reported earlier that Apple had confirmed the deal.