Thursday, January 18, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Accelerates US investment, Plans to Pay $38 billion in Foreign Cash Taxes
Everspin Begins Volume Production of 40nm STT-MRAM
Broadcom is Under Antitrust Investigation by FTC
Google Offers AI Image-Detection Tool to Cloud Customers
New Meizu M6s Comes With Exynos 7872 SoC, New Camera
Surface Book 2 Coming to More Markets
Samsung to Offer Athletes PyeongChang 2018 Olympic Games Limited Edition Smartphone
YouTube Revises Rules to Protect Advertisers From Offensive Content
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Imagina...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, June 22, 2017
Imagination Says it Has Received Interest Amid Apple Dispute

UK chip designer Imagination Technologies has put itself up for sale following the dispute with its largest customer Apple, said it has received takeover interest from several parties.

Imagination Technologies has initiated preliminary talks with potential bidders and is being advised by Rothschild & Co., the Kings Langley, England-based company said in a statement Thursday. The sale process of its MIPS and Ensigma units, begun in May, is progressing and Imagination has received indicative proposals for both divisions, it said.

Intel, Ceva and MediaTek as well as some Chinese companies may be interested in bidding, Janardan Menon, an analyst at Liberum Capital Ltd. in London, said in a note to clients.

The U.K. company relies on the iPhone maker for about 50 percent of its sales. Last April, the company issued a statement revealing Apple will stop using its intellectual property in new products. A month later it said it had been unable to make satisfactory progress with the U.S. technology giant and decided to sell assets after a strategy review.

Imagination Technologies risks losing future royalty payments from Apple, which had previously warned the U.K. supplier that it will cease using its graphics technology for new products, including phones, tablets, and watches, in 15 months to 2 years.

Apple owns an 8.1 percent stake in Imagination Technologies.

Samsung Begins Mass Production of Exynos i T200 IoT Chip        All News        Latest AIDA64 v5.92 Adds Intel Skylake-X Benchmarks and AMD Radeon RX 500 Support
Samsung Begins Mass Production of Exynos i T200 IoT Chip     General Computing News      Intel to Bring Virtual Reality and 5G to Olympic Games

Get RSS feed Easy Print E-Mail this Message

Related News
China-backed Canyon Bridge Buys Imagination for £550 million
Imagination Announces New PowerVR Series9XE and 9XM PowerVR GPUs, PowerVR 2NX NNA Hardware Neural Network Accelerator
Imagination Debuts First PowerVR Series8XT IP Core Based on New Furian GPU Architecture
Apple Says it No Longer Needs Imagination Technologies's GPU Tech
Imagination Details New iPhone's Graphics - Meet The Furian 8XT Architecture
VR-capable Imagination Series8XE GPU is Targeted At Low-end Smartphones
Imagination Showcases Ray Tracing and High-end Graphics on Mobile at GDC 2016
Imagination Tech Brings Strong PowerVR Series 8XE GPUs To Low-cost Phones
Imagination Tech CEO Steps Down As Company Reports Losses
PowerVR Series7XT Plus GPUs Unveiled At CES
Imagination Extends the MIPS Warrior CPU Family
Imagination's OmniShield Enables Security For Mobile, Automotive or IoT

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .