Friday, February 13, 2015

Intel to sell remaining stake in Apple partner & mobile GPU maker Imagination Technologies

http://appleinsider.com/articles/15/02/12/intel-to-sell-remaining-stake-in-apple-partner-mobile-gpu-maker-imagination-technologies

Once the sale is complete, the Intel Foundation and Intel Capital will no longer hold any shares in Imagination Technologies, according to J.P. Morgan Securities. Intel had been a licensee of the British chipmaker's 3D technology.

Apple, however, remains a shareholder and a licensee of Imagination Technologies, having renewed its agreement with the company a year ago. Terms of that deal were not announced, but Imagination did say in February 2014 that the agreement spans multiple years and covers a variety of uses.

In late 2008, Apple bought a 3.6 percent stake in Imagination Technologies, and has since upped its share to nearly 10 percent. The company's powerful PowerVR Series 6 chips have powered every Apple "iDevice" since the third-generation iPhone 3GS.

The latest-generation A8 processor found in the iPhone 6 and iPhone 6 Plus boasts the PowerVR GX6450, a six-core graphics processor that boasts a performance improvement of up to 84 times greater than the first iPhone released in 2007. And the A8X chip found in the iPad Air 2 features even greater graphics performance, trouncing competing tablets on the market today.

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