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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