HIGHLIGHTS Imagination said the sale could now go ahead without a shareholder vote The unnamed third-party is no longer involved in the sale process Canyon Bridge was announced to buy Imagination Tech for GBP 550 million Imagination Technologies, the British chip designer selling itself to a China-backed buyout fund, said on Wednesday another potential buyer had ruled itself out, removing ... Read More »
Imagination Tech Warns on Profit as Smartphone Market Softens Imagination Tech, the British company whose graphics technology powers some Apple devices, warned on profit on Tuesday, saying it had been hit by a slowdown in semiconductor and smartphone markets. The company swung to an operating loss of 7.3 million pounds for the six months to end-October, from a profit of ... Read More »
Imagination Tech CEO Steps Down; Warns of Operating Loss Imagination Technologies, a supplier of graphics technology to Apple, said its chief executive Hossein Yassaie had quit, departing as the British company warned it would make an operating loss this year. Non-executive director Andrew Heath had been appointed interim chief executive, the company said on Monday, adding that it would take ... Read More »
Techosta Where Tech Starts From