Former Apple supplier Imagination Technologies to be acquired by Canyon Bridge for £550 million

Imagination Tech

Imagination Technologies has announced that CBFI Investment Limited, a wholly-owned subsidiary of funds managed by Canyon Bridge Capital Partners has agreed to buy the company for £550 million (US$742.5 million) in cash, after 3 months it had put the company for sale. This comes after the China-backed buyout fund Canyon Bridge Capital Partners was barred last week by U.S. President Donald Trump from buying a U.S. chip maker. Continue reading “Former Apple supplier Imagination Technologies to be acquired by Canyon Bridge for £550 million”

Former Apple supplier Imagination Technologies puts itself up for sale

Imagination Tech

Imagination Technologies has officially announced that it has started sale process for the Group and is engaged in preliminary discussions with potential bidders, after it received interest from a number of parties for a potential acquisition of the whole Group over the last few weeks. Continue reading “Former Apple supplier Imagination Technologies puts itself up for sale”

Imagination unveils new PowerVR GPUs for ultra-affordable smartphones, tablets, 4K TVs and more

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PowerVR, a division of Imagination Technologies – well known for its mobile GPU’s, has announced a new smaller and powerful GPU family aimed at the entry-level mobiles and for embedded market. Continue reading “Imagination unveils new PowerVR GPUs for ultra-affordable smartphones, tablets, 4K TVs and more”

Power VR series 6 mobile GPU introduced at CES

Imagination technologies, the company behind the Power VR range of mobile GPUs, have announced the PowerVR series 6 GPU at the International Consumer electronics show in Las Vegas. The series 6 has not been unveiled entirely, as the demo unit at the company’s booth itself is a FPGA board with limited 1Gbps bandwidth, which is supposedly one tenth of the GPU’s actual performance numbers.

Continue reading “Power VR series 6 mobile GPU introduced at CES”