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  • Intel to Sell Off Its Stake in Imagination Technologies, the Mobile GPU Chip Maker

    According to JP Morgan Securities, the Intel Foundation will be selling its 4.9% stake in Imagination Technologies. For those of you who don’t remember or didn’t know, Imagination Technologies is the company whose PowerVR graphics processors are a key component of Apple’s iPhone and iPad. It should be noted that once the sale is complete, the Intel Foundation and Intel Capital will no longer hold any shares in Imagination Technologies.

    It should be noted that Apple however remains both a shareholder and a licensee of Imagination Technologies, having renewed its agreement with the company a year ago. The terms of the deal weren’t announced publicly but Imagination did say that the agreement spans multiple years and covers a variety of uses back in February 2014.

    To provide some background on the matter; Apple bought a 3.6% stake in Imagination Technologies in late 2008. Since then, the company has upped its share to nearly 10%. The PowerVR Series 6 chips created by Imagination Technologies have powered every Apple “iDevice” since the third-generation iPhone 3GS. The latest generation A8 processor found in the iPhone 6 and Phone 6 Plus boasts the PowerVR GX6450, which is a six-core graphics processor that boasts a performance improvement of up to 84 times greater than the first iPhone released in 2007. The A8X chip found in the iPad Air 2 features even greater graphics performance that continues to outperform competing tablets on the market today.

    We’ll have to see what move Intel takes next to replace their usage of chips licensed from Imagination Technologies.

    Source: Nasdaq (News)
    This article was originally published in forum thread: Intel to Sell Off Its Stake in Imagination Technologies, the Mobile GPU Chip Maker started by Akshay Masand View original post
    Comments 2 Comments
    1. glacius7's Avatar
      glacius7 -
      hummm... i hope you don't change the chip lol. it would be suck for those who love Apple Mobile games.
    1. glacius7's Avatar
      glacius7 -
      PowerVR is one step behind N-vidia though.