DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
October 25, 2016 
Main Menu
News archives

Who's Online
There are currently 76 people online.


Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin

Follow us

Apple buys more Imagination Technologies shares

Posted on Saturday, June 27 2009 @ 03:14:36 CEST by

Last week Intel upped its stake in Imagination Technologies by 25 million shares to around 32 million shares, and today news reaches us that Apple has added a total of 13.7 million shares to its position in this UK graphics chip designer.
Just over six months after grabbing its first piece of Imagination Technologies, Apple has upped its stake in the British graphics IP company from 3.6% to 9.5%. Reuters says Apple has bought a total of 13.7 million new IMG shares.

2.2 million of those shares reportedly cost the iPhone maker £1.43 ($2.36) a pop, while the rest changed hands at an undisclosed price. If all new shares cost the same, then Apple must have spent a total of $32.3 million on the deal—not exactly pocket change, but still a small fraction of the $1.21 billion profits Apple posted last quarter.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba