Article 2TNQK Imagination Technologies hangs a "for sale" sign in its window

Imagination Technologies hangs a "for sale" sign in its window

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from Techreport on (#2TNQK)
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When we last heard from Imagination Technologies, the company was preparing to sell off its MIPS and Ensigma businesses as it girded itself for an extended legal battle with Apple over the use of its graphics IP. Today, the company says that in light of "interest from a number of parties for a potential acquisition of the whole Group," it's formally putting itself up for sale.

Imagination isn't naming any of its suitors at this early stage, and it's received an exemption from the UK Takeover Panel from the requirement that any of its potential buyers be publicly identified, so we likely won't ...

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