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Imagination puts itself up for sale

22 June 2017 07:28

Imagination Technologies has put itself up for sale having received interest from a number of parties for a potential acquisition of the whole group in the past few weeks.

The group said the sale process for the MIPS and Ensigma operations, which began on 4 May, was progressing well and indicative proposals had been received for both businesses.

The group also said that further to the announcement on 4 May, it remained in dispute with Apple Inc.

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