News UK chipmaker Imagination Technologies up for sale — UKCT accuses current owners of stripping the company of its key technologies

[Admin]

China-backed Canyon Bridge is putting up British chipmaker Imagination Technologies on the market — hopes to find an interested buyer for the company with the continued market interest in AI.

UK chipmaker Imagination Technologies up for sale — UKCT accuses current owners of stripping the company of its key technologies : Read more

 

[gg83]

I wonder who will be allowed to by them? I don't see a Chinese company being allowed.

 

[thth]

I wonder who will be allowed to by them? I don't see a Chinese company being allowed.

But why would another Chinese company try to buy it though. It is already owned by Chinese and they are selling it obviously because it is not a safe investment for the Chinese to hold on to. UK now has a law that allows them to force foreign investors to divest from companies that they feel is critical to national security.
They have already forced Nexperia (A Dutch company owned by the Chinese) to sell Newport Wafer Fab. And that fab is a small fab that makes legacy chips on a decades old process node.
Imagination Tech licenses GPU IP which is one of the most significant areas in today's semiconductor and several Chinese AI Chip startups license IP from this company. Sooner or later the UK or US government is gonna come after this company if it is held by Chinese.

 

[gg83]

But why would another Chinese company try to buy it though. It is already owned by Chinese and they are selling it obviously because it is not a safe investment for the Chinese to hold on to. UK now has a law that allows them to force foreign investors to divest from companies that they feel is critical to national security.
They have already forced Nexperia (A Dutch company owned by the Chinese) to sell Newport Wafer Fab. And that fab is a small fab that makes legacy chips on a decades old process node.
Imagination Tech licenses GPU IP which is one of the most significant areas in today's semiconductor and several Chinese AI Chip startups license IP from this company. Sooner or later the UK or US government is gonna come after this company if it is held by Chinese.

Thanks for clarifying. I was very mistaken. It makes more sense now.