Apple has snapped a massive 2.2 million shares in Imagination Technologies, the company that manufactures the iPhone’s graphic subsystem which also produces PURE products. Worth 3.14 million the transaction allows Apple to now own 9.5 percent of the company and has now increased its value to around £240 million. Apple is using Imagination Technologies’ PowerVR for the graphic subsystem on its iPhone and iPod Touch.
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iPhone makers Apple to follow Intel: Imagination Technologies Shares
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