A new CEO, a cleared deck: Is Imagination finally ready for a deal?

Leadership reset at a strategic moment.

By David Harold, Jon Peddie |  February 12, 2026

Imagination Technologies has appointed Markus Mosen as CEO, just as a long-running legal dispute with former Chief Executive Ron Black has been resolved. With litigation closed for a fraction of the original £200 million claim and the balance sheet no longer carrying that uncertainty, the company looks structurally cleaner at a time when GPU IP is strategically scarce. The obvious question: Why hasn’t someone bought it already?

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