Imagination up for sale
 

The price of being dependant on Apple

Imagination Technologies, the British firm that lost 70 percent of its value after being ditched by its biggest customer Apple, put itself up for sale.

The story is being touted as an example of the dangers of partnering with a large mult-national outfit like Apple.

Apple's claimed it was developing its own graphics chips and would no longer use Imagination's processing designs in 15 months to two years time.

http://fudzilla.com/news/43950-imagination-up-for-sale