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-   -   Apple in 'Advanced Talks' to Acquire GPU Supplier Imagination Tech**logies (https://hameed.nwar.uk/vb/showthread.php?t=1802024)

ahlam1399 03-22-2016 03:37 PM

Apple in 'Advanced Talks' to Acquire GPU Supplier Imagination Tech**logies
 
Apple is reportedly in "advanced talks" to acquire British microchip designer Imagination Tech**logies, according to The Verge this morning.

The information is said to come from "a source with k**wledge of the discussions". When asked for comment, Imagination Tech**logies refused to deny the planned takeover.

The report follows the UK firm's an**uncement just last week that it was making additional cuts to its business as part of a significant restructuring program, which saw 350 jobs axed in the process.

http://cdn.macrumors.com/article-new...h3_678x452.png
Imagination traditionally supplies the PowerVR graphics architecture found in Apple's range of iPhones and iPads. Apple has been a licensee and stakeholder in the company since at least 2008, and became a key investor in mid-2009 when it raised its stake in the firm to 10 percent. In 2014, Imagination an**unced an extended licensing agreement with Apple.

Imagination Tech**logies currently has a market capitalization of around £500 million ($714.5 million). The acquisition, if confirmed, would likely mean Apple could design future graphics architecture for its iOS devices in-house.

Tags: Imagination Tech**logies, PowerVR

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