Imagination Technologies Group Limited

Who owns Imagination Technologies?
Canyon Bridge Capital Partners owns Imagination Technologies. It completed the approximately £550 million acquisition in November 2017 and took the company private.

Does Imagination Technologies own Pure?
Yes. Pure is the group's consumer audio brand. Canyon Bridge is Pure's ultimate owner through Imagination Technologies.

Is Imagination Technologies publicly traded?
No. It left the London Stock Exchange when the Canyon Bridge acquisition completed in 2017.

What does Imagination Technologies sell?
It licenses semiconductor processor designs and related software. Its PowerVR graphics technology is its best-known product family.

Where is Imagination Technologies based?
The company is headquartered in Kings Langley, Hertfordshire, United Kingdom.

Why did Canyon Bridge acquire Imagination?
Imagination entered a sale process after Apple announced plans to stop using its technology. Canyon Bridge bought the business to fund its intellectual property and licensing operations as a private company.

The business began in 1985 as VideoLogic. It developed graphics and multimedia technology and later adopted the Imagination Technologies name. PowerVR became its best-known architecture through licensing relationships with semiconductor and device companies.

Apple was a major customer and shareholder for years. In 2017, Apple said it intended to stop using Imagination technology in future products. The announcement damaged Imagination's market value and led to a formal sale process.

Canyon Bridge agreed to buy the company for 182 pence per share. The transaction valued Imagination at approximately £550 million and completed on November 3, 2017, after shareholder and regulatory approvals. Imagination then left the London Stock Exchange. Canyon Bridge has since funded the private company while it continued research and licensing work.

The Canyon Bridge transaction received political scrutiny because of the fund's China-linked backing and Imagination's strategically important chip technology. UK authorities reviewed ownership and governance concerns. The acquisition completed in 2017, and Imagination remains headquartered in the United Kingdom.