UK chip designer Imagination Technologies Group Plc said it’s struck a new license agreement with Apple Inc, reviving a business relationship that had all but ended in recent years.
The company, which was sold to Chinese buyout firm Canyon Bridge Capital Partners for £500mil (RM2.69bil) in September 2017, said Thursday it "formed a new multi-year license agreement under which Apple has access to a wider range of Imagination’s intellectual property in exchange for license fees”.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!