CEO and execs to resign if China takes control of Imagination
April 7, 2020
Top executives are prepared to resign if, later today, a China-backed investor forces the appointment of four of its representatives to the Imagination board.
According to Sky News, CEO Ron Black and several other senior executives at Imagination will resign if China Reform Holdings , a China government-controlled entity, goes ahead with the appointments at today’s emergency board meeting.
China Reform Holdings is the biggest shareholder in Imagination’s owner – the Cayman Islands-registered private equity company Canyon Bridge which bought Imagination for £550 million in 2017.
To read the full article, click here
Related Semiconductor IP
- Root of Trust (RoT)
- Fixed Point Doppler Channel IP core
- Multi-protocol wireless plaform integrating Bluetooth Dual Mode, IEEE 802.15.4 (for Thread, Zigbee and Matter)
- Polyphase Video Scaler
- Compact, low-power, 8bit ADC on GF 22nm FDX
Related Blogs
- Ultra Ethernet Consortium Set to Enable Scaling of Networking Interconnects for AI and HPC
- Say Goodbye to Limits and Hello to Freedom of Scalability in the MIPS P8700
- The Future of Technology: Transforming Industrial IoT with Edge AI and AR
- The Future of Technology: Generative AI in China
Latest Blogs
- Cadence Announces Industry's First Verification IP for Embedded USB2v2 (eUSB2v2)
- The Industry’s First USB4 Device IP Certification Will Speed Innovation and Edge AI Enablement
- Understanding Extended Metadata in CXL 3.1: What It Means for Your Systems
- 2025 Outlook with Mahesh Tirupattur of Analog Bits
- eUSB2 Version 2 with 4.8Gbps and the Use Cases: A Comprehensive Overview