Ex-Apple engineer reportedly buying NBA's Memphis Grizzlies

Robert Pera, an Apple hardware engineer who left to set up Ubiquiti Networks, reportedly promises to keep to the NBA team in Memphis. Might the Grizzlies ultimately end up in San Jose?

Apple's hardware seems to have been updated today, so I hear.
However, one man who might once have thought he'd be involved in those updates has reportedly achieved a slightly more exalted goal: he has bought himself an NBA team.
Robert Pera, 34, once an Apple hardware engineer and now the founder and CEO of Ubiquiti Networks, a company that seeks to provide Web connectivity cheaply for emerging markets, is reportedly buying the Memphis Grizzlies.
The way ESPN shoots it, Pera is an avid, nay, obsessive basketball player who owns 64 percent of Ubiquiti, a company that has its homes in both Taiwan and San Jose, Calif.
Naturally, those whose hearts contain cynical hardwood will speculate, on seeing the words "San" and "Jose," that Pera intends to ship the team away from Memphis