Thursday, March 15, 2012

Apple raises stake in UK chip designer Imagination

British chip designer Imagination Technologies PLC said Friday that Apple Inc. has raised its stake in the company to 9.5 percent after buying stock on the market and through a share placement made by the company.

Imagination made no comment on the stake increase beyond the requirement that it report the crossing of the 8 percent threshold to the London Stock Exchange.

Apple uses Imagine …

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