AES (ECB), 1 Billion Trace DPA Resistant Cryptographic Accelerator Cores
Imagination Inquiry Exposes Wider Risk of IP Sales to China
By Nitin Dahad and Barb Jorgensen, EETimes (May 6, 2020)
Imagination Technologies’ now-defunct plan to add four Chinese investors to its executive board has touched a raw nerve in the UK and triggered a series of events leading to a full-blown government inquiry. In a three-hour hearing before the UK parliament’s foreign affairs committee, three Imagination CEOs, past and present, were grilled in a public battle to preserve the IP developer’s legacy.
The public debate centered around the suitability of Imagination owner Canyon Bridge Partners’ attempt a few weeks ago to add new Chinese directors to the board, and the government’s role — if any — in protecting home-grown intellectual property (IP).
Tech industry executives watched the live online event as factions within Imagination’s past and present senior leadership defended their business strategies. Imagination’s revenue has steadily declined since 2017, and its recovery path has pitted former CEO Hossein Yassaie, Black and Rayfield against interim CEO Ray Bingham, who favored the involvement of Chinese backers.
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
|
Imagination Technologies Group plc Hot IP
Related News
- Is IPO in China Imagination's Only Possible Exit Path?
- Does China Have Imagination?
- Will Imagination Deals Deliver MIPS to China?
- Imagination and Testin partner to accelerate time-to-market for app development in Greater China
- Imagination appoints industry veteran to lead its expanding China operations
Breaking News
Most Popular
- TSMC to Kick off Mass Production of Intel CPUs in 2H21 as Intel Shifts its CPU Manufacturing Strategies, Says TrendForce
- Gartner Says Worldwide Semiconductor Revenue Grew 7.3% in 2020
- Qualcomm to Acquire NUVIA
- Value of Semiconductor Industry M&A Agreements Sets Record in 2020
- Chips&Media Adds Extraordinary Features in the Next-Generation Video Codec IPs, introducing the WAVE6 Series