“The British chipmaker was rumored to be in acquisition talks with Apple earlier this year,” Hein reports. “Apple told the press it wasn’t interested in buying Imagination Technologies, but based on a slew of recent hires, the iPhone-maker does want its employees.”
“Several of Imagination’s senior employees and engineering talent have defected to Apple… Most notable among the recent hires is former Imagination COO John Metcalfe who has been working as a senior director at Apple since July,” Hein reports. “Other notable engineering hires from Imagination include Dave Roberts, Jonathan Redshaw, Benjamin Bowman and Simon Nield. On LinkedIn there are 25 former Imagination employees that are currently working at Apple.”
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MacDailyNews Take: There’s more than one way to acquire a company.
After failed takeover talks with Apple, Imagination Technologies sells stake to state-owned Chinese company – May 9, 2016
Apple in ‘advanced talks’ to acquire Imagination Technologies for PowerVR GPU – March 22, 2016