Imagination Technologies is up For Sale Subsequent to Apple Snub

The entire UK-based Imagination Technologies business is available for sale. This takes after a 69 percent drop in the organization’s offer cost when it declared. That Apple won’t be utilizing its parts in the following iPhone.

“Throughout the most recent couple of weeks Imagination Technologies. Has gotten enthusiasm from various gatherings for a potential procurement of the entire Group” the organization said in a public statement. “The Board of Imagination has hence chosen to start a formal deal prepare for the Group and occupied with preparatory exchanges with potential bidders”.

Imagination Technologies Working With Apple

Imagination Technologies has already worked with Apple to deliver designs. Contributes the iPhone but the organization reported in April that Apple is making its own segments for future items along these lines separating the connection between the two firms. The declaration caused a 69-percent drop in Imagination Tech’s offer value given that Apple is the organization’s greatest client.

Imagination Tech had beforehand put only two sections of its business. Available to purchased yet has today extended the potential deal to the entire organization.