Apple Raises Stake in Imagination Technologies to 9.5%
Imagination Technologies has announced that Apple has raised its stake in the company to 9.5% following recent share purchases. The news comes days after news that Intel has raised their stake in the company to 16%. Imagination Technologies is the company behind the PowerVR graphics chips that are used in the iPhone and iPod Touch.
One analyst notes that this increasing ownership by Apple and Intel can cause some concern amongst competitors who also license Imagination Technologies' hardware:
One analyst notes that this increasing ownership by Apple and Intel can cause some concern amongst competitors who also license Imagination Technologies' hardware:
"Too high a stake by Apple or Intel could well cause some existing or potential licensees to think twice about having Imagination's technologies at the core of their roadmaps. We understand that management has already received concerned phone calls from existing licensees."
The PowerVR SGX graphics chip used in the new iPhone is responsible for much of the improved performance seen over the previous model.Top Rated Comments
(View all)
34 months ago
Apple has to protect its interests in the IP of Imagination Technologies. Sounds like they were just upping their share due to Intel's recent raising the amount of its shares.
34 months ago
Apple's being rather careful here.
In fact, they haven't spent a whole lot of their cash reserves. They've been sitting on it for quite a while now.
"Too high a stake by Apple or Intel could well cause some existing or potential licensees to think twice about having Imagination's technologies at the core of their roadmaps. We understand that management has already received concerned phone calls from existing licensees."
In fact, they haven't spent a whole lot of their cash reserves. They've been sitting on it for quite a while now.
Why not 95%?
"Too high a stake by Apple or Intel could well cause some existing or potential licensees to think twice about having Imagination's technologies at the core of their roadmaps. We understand that management has already received concerned phone calls from existing licensees."
34 months ago
If I had to guess, I would say intel is cashing in on iPhone succsess. Just a thought.
34 months ago
9.5% and people are freaking? Um ... get back to me when they buy 50% or the company outright.
Move along now ... nothing to see here. :rolleyes:
Move along now ... nothing to see here. :rolleyes:
34 months ago
I'd say this is more evidence that Apple intend to enter the gaming market in a big way. I hear they really did come close to buying EA recently.
34 months ago
Unless they get special treatment when it comes to ordering chips, I'm not sure about the significance of the story. :confused:
34 months ago
Apple is sitting on so much cash I'm surprised they're no looking for a bigger stake.
[ Read All Comments ]
Analytics firm Chitika today released a report showing that by its metrics iOS has now surpassed OS X in overall web traffic share in the United States. Chitika's methodology involves an analysis...
One of the most frequent reasons for an iPhone to go on a trip to the Apple Store's Genius Bar is because of water damage. Typically, a water damaged iPhone can be replaced for a flat $199...
TheVerge's Joshua Topolsky summarizes the iPad 3 casing findings reported earlier today, but also adds his own sources regarding some details of the iPad 3.
Image from RepairLabs
As...
Last July, Apple discontinued the white MacBook from its consumer lineup, pushing consumers toward the company's popular MacBook Air line or the 13-inch MacBook Pro. The company didn't kill...
Popular iPhone Twitter client Tweetbot has finally arrived on the iPad, with a user interface instantly familiar to any current Tweetbot user. Designed for the Twitter power-user, Tweetbot packs a...
