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Imagination Technologies and the Quest for Patent Cooperation Deals in 2021

Hillary Cyril | Editor, TechAnnouncer



Imagination Technologies Limited is a British technology and software development company, owned by Canyon Bridge Capital Partners a private investment fund based in Beijing, China which invests cash raised from private investors. The company is located in Gatwick, England. In 2021 the company started offering computer consulting services to businesses in the fields of information technology, Internet marketing, computer science, e-business, and web technology. In this sense, the company is similar to many other computer consultants and businesses in the world such as Xerox and IBM.

Currently, Imagination Technologies has many contracts with many different sectors including communications, entertainment, education, healthcare, finance, and gaming. In November 2021 the company received funding from a private equity fund called Angel Angels. The private equity fund is run by philanthropist Bruce Schlomer. In August of last year, the company signed an agreement to acquire a majority stake in a China-based visual processing chip manufacturing company by the name ofhip processor.

The acquisition is part of an expanding global network of joint ventures and strategic alliances with international semiconductor companies. In January of this year, Imagination Technologies held its first half international conference, bringing together a number of automotive and graphics chip manufacturers from various countries. At the conference, Imagination Technologies was selected as the primary provider for visual processing applications in China. This marks the second-largest acquisition in the company’s history. In March the company was granted authorization to operate in the United Kingdom.

In the first half of this decade, Imagination Technologies was producing mobile processors for mobiles and other mobile devices in the Asia Pacific region. The automotive industry had been looking for new technologies for their vehicles and soon after the acquisition was announced; it was announced that the company would be developing their first automobile product in the world in the future. It is not known if the new product will be released in the U.S. or Europe. It is also not clear if Imagination Technologies will continue on with their alliance with chip giant, ARM Group. ARM is currently a major supplier of automotive and other high-end automotive technologies.

On a recent visit to China, Chris Morrison, CFO of Sybase, stated that Imagination Technologies is expanding into new areas. Sybase already owns half of the chipmaker ARM Group, so it is only a matter of time before Imagination Technologies can combine its intellectual property with that of Sybase to create new technologies. Chris Morrison of Sybase stated that Imagination Technologies has the ability to bring new technology to the automotive and graphic industries. He did not provide any details on when or how soon Imagination Technologies will bring new technologies to the car-makers, however, he did provide some insight on the potential for licensing.

There have been rumors that Imagination Technologies has filed for patents, however, nothing has been confirmed as of this writing. We will keep you updated on any announcements regarding Imagination Technologies and their licensing agreement with Sybase. In the meantime, we wish you a “Merry Christmas” and a happy New Year’s. So what is your plan of attack for the coming year? Do let us know what you think!

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