Items tagged with imaginations technologies

Apple Ups Its Stake Of Imagination Tech to 9.5% LONDON, June 26 (Reuters) - UK chip designer Imagination Technologies Plc (IMG.L) said on Friday iPhone maker Apple Inc (AAPL.O) has upped its stake in the company to 9.5 percent following a share placement and recent share purchases. Stake-building in Imagination Tech by both Apple and U.S. chipmaker Intel Corp (INTC.O), which now owns a 16 pct stake, ignited takeover speculation and drove up the share price earlier this week, although the shares have dropped back over the last couple of days as bid hopes have faded.Imagination Tech said in filings... Read more...