Apple might acquire Imagination Technologies
Apple and Imagination Technologies have been working together on a few occasions, the British company being well known for its PowerVR lineup of graphics processors. The Cupertino-based company used technology from the PowerVR makers in its own chips starting all the way back with the A4 SoC. Recently, it looked like they were going to buy Imagination Technologies, but it looks like this is not the truth.
Yesterday, industry insiders mentioned that Apple and Imagination Technologies were discussing a corporate purchase. However, it looks like the dream of a full in-house SoC design by Apple will not come to life anytime soon, because the deal is off.
According to an official statement by Apple which was published by The Wall Street Journal, Apple "said it does not plan to make an offer for the company at this time," also confirming they were indeed talking to Imagination Technologies about it. By the looks of it, everything is a matter of time now. How long will be this period until Imagination Technologies joins Apple, remains to be seen,