Imagination
Technologies, the manufacturer and developer of graphic chip chip used
by Apple, and popular under the name PowerVR, has now agreed to sell
their company to one of China's firms, Canyon Bridge.
Imagination Technologies faced problems several months ago, after Apple said they no longer needed Imagination services, as well as making Apple design their own chip charts. The item drops the Imagination share price, while at the same time affecting the company's operating costs.
Apart from Apple, there are several other companies that use PowerVR graphics design support, including one of the most popular MediaTek.
He reportedly Canyon Bridge took over Imagination Technologies at a price of £ 550 million.
Imagination Technologies faced problems several months ago, after Apple said they no longer needed Imagination services, as well as making Apple design their own chip charts. The item drops the Imagination share price, while at the same time affecting the company's operating costs.
Apart from Apple, there are several other companies that use PowerVR graphics design support, including one of the most popular MediaTek.
He reportedly Canyon Bridge took over Imagination Technologies at a price of £ 550 million.
Reference: Imagination Technology
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