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ARM Holdings: Imagination's Recent Fall Invites Caution
Ashraf Eassa • Mon, May 20 • 38 Comments
Imagination Faces Challenge Over MIPS Bid From CEVA
The 451 Group: Inorganic Growth • Wed, Nov 21, 2012 • 2 Comments
Put A Fork In It: Nvidia Is Done
Stephen Breezy • Fri, Sep 14, 2012 • 41 Comments
2 Reasons Imagination Technologies Faces Considerable Long-Term Growth
Braden Holstege • Wed, Jan 18, 2012 • 1 Comment
Imagination Technologies Targets HelloSoft in Move to Bolster Technology Base
Stockopedia • Thu, Nov 18, 2010
The Smartest Parts of the IT Market
Keith Woolcock • Fri, Mar 19, 2010 • 28 Comments
Torrent of Positive Developments for GPU Makers
SoundView Technology Group • Thu, Dec 17, 2009 • 3 Comments
The Battle for Imagination: Apple, Intel Continue to Up Their Stakes
Vincent Fernando • Sun, Jun 28, 2009 • 2 Comments

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ARM Holdings: Imagination's Recent Fall Invites Caution
Ashraf Eassa • Mon, May 20 • 38 Comments
2 Reasons Imagination Technologies Faces Considerable Long-Term Growth
Braden Holstege • Wed, Jan 18, 2012 • 1 Comment
Imagination Technologies Targets HelloSoft in Move to Bolster Technology Base
Stockopedia • Thu, Nov 18, 2010

Imagination Faces Challenge Over MIPS Bid From CEVA
The 451 Group: Inorganic Growth • Wed, Nov 21, 2012 • 2 Comments
Put A Fork In It: Nvidia Is Done
Stephen Breezy • Fri, Sep 14, 2012 • 41 Comments
The Smartest Parts of the IT Market
Keith Woolcock • Fri, Mar 19, 2010 • 28 Comments
Torrent of Positive Developments for GPU Makers
SoundView Technology Group • Thu, Dec 17, 2009 • 3 Comments
The Battle for Imagination: Apple, Intel Continue to Up Their Stakes
Vincent Fernando • Sun, Jun 28, 2009 • 2 Comments

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Company Description

Currently, there's no company description for IGNMF.PK.

Sector: Technology

Industry: Electronic Equipment

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, May 2, 5:34 PM ARM (ARMH +0.1%) largely missed out on today's rally after GPU core rival Imagination (IGNMF.PK) fell 25.7% in London thanks to a warning. Imagination expects its FY13 (ended in April) licensing revenue to fall 22% Y/Y to £27M due to delayed deal closings, something it blames on "structural and organisational changes" at licensees. FY14 licensing revenue (exc. MIPS) is expected to total £30m- £35m, also below expectations. The damage to ARM was likely limited due to the fact ARM's share gains might be partly responsible for the warning - ARM's Mali GPU core shipments rose 5x Y/Y in Q1, and 3 new licenses were signed (raising the total to 75). (also) Comment! [Tech, Earnings, On the Move]
Tuesday, February 5, 5:28 PM MIPS (MIPS) announces shareholders will get a total consideration of $8.01/share in cash for the sale of the company's IP to a consortium led by ARM, and the company's CPU core business to Imagination Tech (IGNMF.PK). A shareholder meeting to approve the deals has been set for Feb. 6. MIPS closed today at $7.90. Comment! [Tech, M&A]
Monday, December 17, 2012, 9:41 AM It looks like the bidding war is finally over. MIPS (MIPS +0.9%) and Imagination (IGNMF.PK) have again agreed to a revised purchase price for MIPS' CPU core business. This time it comes in at $100M, up from last week's $80M and November's $60M. CEVA (CEVA -1%), which made a $90M offer 6 days ago, says it will refrain from further bids. MIPS' total consideration for its asset sales now stands at $7.94/share. Comment! [Tech, M&A]
Monday, December 10, 2012, 4:00 PM Imagination Tech (IGNMF.PK) will now be paying MIPS (MIPS +1.2%) $80M to buy what will remain of it (i.e. its CPU core business) following a patent sale. Imagination's new offer trumps a $75M bid from CEVA (CEVA -0.3%), which in turn was above Imagination's original $60M offer. ARM (ARMH) would probably prefer that CEVA acquire what passes for its largest CPU core rival, rather than GPU core leader Imagination. MIPS' total proceeds from the two sales now stand at $7.64/share. (PR) 2 Comments [Tech, M&A]
Tuesday, November 20, 2012, 5:11 PM MIPS has resumed trading following news of CEVA's offer for its CPU core licensing business, and is currently up 5% AH. That translates into nearly a $20M increase in market cap even though the difference between CEVA and Imagination's (IGNMF.PK) offers is only $15M. The Street seems to think a bidding war is on the way. 1 Comment [Tech, On the Move, M&A]
Tuesday, November 20, 2012, 4:44 PM MIPS discloses it has received an unsolicited bid from CEVA to acquire what will remain of the company after a patent sale to an ARM-led consortium is finished for $75M in cash. That trumps a $60M offer from GPU core developer Imagination (IGNMF.PK). MIPS' board is evaluating the offer. If CEVA's offer wins out, MIPS' CPU core business would complement CEVA's DSP core business, and could also yield synergies for its chip platform business. MIPS halted. CEVA -0.6% AH. (PR) 2 Comments [Tech, On the Move, M&A]
Tuesday, November 6, 2012, 9:42 AM More on MIPS: While a consortium featuring ARM (ARMH -0.1%) is buying most of MIPS' (MIPS +1.6%) patents, GPU core developer Imagination Tech (IGNMF.PK) is buying its CPU core licensing business and 82 patents for $60M. The purchase will allow Imagination, whose GPU core leadership is being challenged by ARM, to return fire by going after ARM's CPU core hegemony. MIPS' proceeds from the two deals amount to $7.31/share, a 4% premium from yesterday's close. Shares had already been bid up on M&A expectations. (PR) 2 Comments [Tech, M&A]
Friday, August 31, 2012, 12:20 PM Will MIPS' (MIPS +3.8%) efforts to find a buyer soon bear fruit? Benchmark's Gary Mobley thinks so: he claims a meeting with management left him remaining confident the CPU core developer/patent holder's "assets will be broken up and sold within the next four months." Mobley, who has a $10 PT, sees U.K.-based graphics core developer Imagination (IGNMF.PK) as the most logical buyer, but thinks a bid from ARM (ARMH), CEVA, or Synopsys (SNPS) is also possible. Comment! [Tech, On the Move, M&A, Quick Ideas]
Friday, June 22, 2012, 4:33 PM Don't think of ARM (ARMH) as a mere CPU core developer. Shipments of chips containing ARM's Mali graphics processor (GPU) cores are expected to double this year to 100M, according to marketing exec Kevin Smith. Smith adds Mali cores are now found in 70% of "graphics-enabled" HDTVs, 50% of Android tablets, and 20% of Android phones. Mali competes with GPU cores from Imagination (IGNMF.PK), which are used in Apple's A5 and many other mobile processors. 2 Comments [Tech]
Monday, April 23, 2012, 10:06 AM Qualcomm (QCOM) has licensed IP from Imagination Technologies (IGNMF.PK - best known for its GPU licensing deals with Apple and Samsung) related to Imagination's Ensigma cores, which are used to handle mobile TV, FM radio, and Wi-Fi processing. Qualcomm has been trying to strengthen the multimedia capabilities of its Snapdragon processors, and also to challenge Broadcom's leadership in the mobile phone Wi-Fi chip market. Comment! [Tech]

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