Imagination Technologies put up for sale, negotiating with bidders

[HEXUS]

The whole company is up for offer, following withdrawal of future Apple GPU orders.

Read more.

[Tabbykatze]

Would be amusing that this was all a game by Apple to crash their share price, force them to put themselves up for sale then perform a hostile takeover. That or AMD should snap them up and will have another entry into the mobile markets. Because obviously IMG was successful else apple wouldn't have used them for so long and the only reason why they have stopped using them is they want to do it their way and keep all the costs in house for that too.

[LSG501]

Waiting on the 'Apple buys imagination gpu technology' article.

This approach is pretty common when one company is pretty much the sole income for another. Company A stops buying stuff from company b, company b loses a lot of value, company a then buys company b at reduced price... likely less than the cost of buying the products for a few years.

Long term savings for company b due to no longer needing to 'buy' from company a... It's not like apple doesn't already have an in house team stitching all the tech they've licensed or bought together for their mobile chips.

[sykobee]

There would be a lot of value for Apple in owning Imagination's GPU patents via an acquisition, regardless of whether or not they have their own in-house GPU design ready to go soon.

It would also remove a potent mobile GPU designer from the market, at least for new designs, which may give Apple a competitive advantage in the future.

[Tabbykatze]

This approach is pretty common when one company is pretty much the sole income for another. Company A stops buying stuff from company b, company b loses a lot of value, company a then buys company b at reduced price... likely less than the cost of buying the products for a few years.

Long term savings for company b due to no longer needing to 'buy' from company a... It's not like apple doesn't already have an in house team stitching all the tech they've licensed or bought together for their mobile chips.

That's exactly what I'm thinking, we shall see. Unless Apple really does see no value in IMG and they really didn't infringe any patents, because if they did then this would be a great way to prevent any lawsuits in the future.

[CAT-THE-FIFTH]

Shame another British company is either going to go bankrupt,broken up or bought up probably by a foreign company.

[LSG501]

Shame another British company is either going to go bankrupt,broken up or bought up probably by a foreign company.

Yeah, I can't believe we let ARM get bought out by Softbank (Japan).... we basically allowed one of the UK's most valuable tech assets to get sold off. While I'm not expecting any issues with getting arm (or any other type) cpu's etc in the UK there's the risk all the work might be taken to Japan and the UK will have basically lost another industry and completely screwed itself if we ever need to make our own cpus due to 'trade issues'.

[ETR316]

Originally Posted by CAT-THE-FIFTH View Post
"Shame another British company is either going to go bankrupt,broken up or bought up probably by a foreign company."

the only post here worth reading.

[Wrinkly]

Shame another British company is either going to go bankrupt,broken up or bought up probably by a foreign company.

Can't feel sorry for the Brits.

[DanceswithUnix]

Yeah, I can't believe we let ARM get bought out by Softbank (Japan).... we basically allowed one of the UK's most valuable tech assets to get sold off. While I'm not expecting any issues with getting arm (or any other type) cpu's etc in the UK there's the risk all the work might be taken to Japan and the UK will have basically lost another industry and completely screwed itself if we ever need to make our own cpus due to 'trade issues'.

ARM are hiring big-time worldwide, but mainly in Cambridge. I was very tempted and even interviewed (the company does look pretty awesome to work for), but in the end didn't fancy relocating the family.

So I can only see ARM remaining a UK technology, just the profits get sent to Japan.