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”
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”
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”
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.