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Apple and Intel buy Imagination |
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Written by Nick Farrell
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Tuesday, 30 June 2009 10:42 |
 
You pay for what you are
lacking
British outfit Imagination is being wooed by Intel and
Apple. The outfit, which designs chips which are becoming attractive to
mobile phone makers within the mobile arena, has been receiving large
briefcases of cash from the two hardware makers.
Imagination
Technologies has announced that Apple has now purchased 2.2 million of the
company's shares in addition to the 8.2 million they had previously acquired
back in December of 2008.
The purchase of those shares now means Apple owns a
9.5 percent stake in Imagination Technologies which are based in
Hertfordshire England, although Apple is still somewhat behind Intel's stake
in the company.
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Mobiles 