Imagination Technologies
British semiconductor and software design company
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2024 | An employment tribunal ruled Ron Black's dismissal was unfair, recognizing his protected whistleblower disclosures. Legal proceedings for damages are currently ongoing. |
2023 | Released the IMG DXD GPU IP, supporting advanced graphics APIs including DirectX 11, Vulkan 1.3, and Ray Tracing, specifically targeted at cloud gaming services. |
January 8 2021 | Imagination announced revenues of $125 million for 2020, a 44% increase from 2019. |
2020 | Ron Black, CEO of Imagination Technologies, was dismissed after raising concerns about a potential Chinese state-owned investor's attempt to appoint four directors to the company's board, warning of national security risks. |
October 5 2020 | Simon Beresford-Wylie was announced as the new chief executive officer. |
January 2 2020 | Imagination Technologies announced a new multi-year license agreement with Apple, replacing the prior deal from 2014. |
2019 | Launched the A-Series GPU architecture, designed to be scalable across multiple device types including AIoT devices and servers, ranging from 1 PPC to 2 TFLOPS performance. |
November 2017 | Imagination Technologies was acquired by Canyon Bridge Capital Partners, a private equity fund based in Beijing, delisting the company from the London Stock Exchange. |
September 25 2017 | Imagination Technologies announced it was being acquired by Canyon Bridge, a private equity fund ultimately owned by the Chinese government. |
April 3 2017 | Imagination Technologies' stock prices fell 70% after Apple announced plans to stop using its intellectual property within two years. |
February 8 2016 | Sir Hossein Yassaie stepped down as CEO after 18 years, with Andrew Heath appointed as interim chief executive. |
December 29 2012 | Hossein Yassaie was awarded a knighthood in the 2013 New Year Honours for services to technology and innovation. |
December 17 2012 | Imagination Technologies acquired MIPS Technologies for $100 million, beating Ceva Inc in the acquisition. |
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