For ios download 3utools 3.03.0171/25/2024 ![]() ![]() ![]() In June, Imagination said it was putting itself up for sale. The chip, designed specifically to help with graphics-intensive operations like artificial intelligence and augmented reality, is part of a big push to differentiate Apple’s smartphone line from competitors’, relying on the company’s signature optimization of hardware and software. At the time, Apple confirmed it was bringing mobile graphics development in-house, a move that eventually manifested itself in the A11 Bionic chip revealed during the iPhone 8 and iPhone X hardware event earlier this month. Canyon Bridge is paying £550 million ($743.2 million) for the deal.Īpple’s announcement, back in April, halved Imagination’s stock price almost overnight, creating a existential crisis for the firm. The news, first reported today by the Financial Times, comes nearly six months after Apple, Imagination’s biggest customer, announced that it would no longer require the company’s services. ![]() Imagination Technologies, the UK-based chip maker that used to provide Apple with its mobile graphics components, has agreed to sell itself to Canyon Bridge, a Silicon Valley-based private equity firm backed by the Chinese fund Yitai Capital. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |