Beresford-Wylie was previously Chief Executive of Arqiva, a UK leader in the provision of communications, broadcast and media services. He holds an MA from Cambridge University. As CRO Steve is responsible for driving the top line growth in our revenue while ensuring that our customers have the best possible experience when working with Imagination. Apple will once again license technology from Imagination Technologies, the chip designer that used to provide graphics processors for the iPhone and iPad, the UK-based company announced today. Imagination Technologies Group Ltd. “Imagination is an exciting and important company built with the best of British and International talent. Shares in UK chip designer Imagination Technologies have plunged more than 60% after Apple said it would end a deal to use its products. Originally starting in business development, he took Imagination into China, Taiwan and Korea. Ray holds an MBA from Harvard and a BS in economics and an honorary doctorate of humanities from Weber State University. In addition to general management and business development experience successfully growing the EMEA, Asia and India operations of Varian Inc and Agilent Technologies. The current team has put in place an ambitious strategy, which has shown impressive revenue growth even in the very testing current business environment. Ray Bingham, founding partner at Canyon Bridge Capital Partners Inc. and Executive Chairman, Imagination said: “Simon is an impressive and energetic leader and brings to Imagination a hugely successful track record in creating value. Imagination Technologies owns and licenses intellectual property that helps power the graphics on the screens of Apple's iPhones, tablets, iPods, TVs … Earlier in his career he was CFO, president CEO, and then executive chairman at Cadence Design Systems. British firm Imagination Technologies said on Friday CBFI Investment will buy the company. Imagination is focused on creating and licensing a broad range of silicon intellectual property across the areas of graphics, AI/neural networks, and connectivity/Wi-Fi. Imagination Technologies’ MIPS Creator CI20. Douglass North defines institutions as In thinking about the interaction of users and technologies, ask yourself: 13 Institutions the humanly devised constraints that structure political, economic, and social interactions. Imagination Technologies was acquired in 2017 by Canyon Bridge, a global private equity investment fund. Sign up to receive the latest news and product updates from Imagination straight to your inbox. He departed in July 2020 having completed the sale of Arqiva’s telecoms division for £2bn. It really is the GPU of everything.” Apple already owns nearly 10 percent of Imagination, which has long supplied graphics chips for Apple's iOS device lineup. China Reform is a big investor in the Canyon Bridge fund which owns the … © Imagination Technologies Limited. Simon was previously Chief Executive of Arqiva, a UK leader in the provision of communications, broadcast and media services. He also has responsibility for company secretarial and compliance across the organisation with a particular focus on helping to deliver our corporate governance objectives and supporting our Board of Directors. Tim is responsible for all aspects of engineering, from concept to delivery of Imagination’s innovative hardware and software products. He has held communications and marketing management roles at PURE Digital, Cohn & Wolfe, SMI and MAP. Apple owns an 8% slice of Imagination, and last year confirmed rumours that it had considered an acquisition, but eventually opted not to make a … Its tile-based deferred rendering (TBDR) technology is a good example. IMAGINATION TECHNOLOGIES LIMITED is a Private limited with Share Capital company based in IMAGINATION HOUSE, HOME PARK ESTATE, KINGS LANGLEY HOME PARK ESTATE, United Kingdom, which employs 23 people. Canyon Bridge, an investment firm backed by Chinese state funds, secured approval from the UK to acquire the British tech company in 2017, following assurances it would […] They consist of both informal constraints (sanctions, taboos, customs, tradition, and code of conduct) and formal rules (constitutions, laws, property rights) (1990, p. … He later ran M&A and other corporate projects as a VP. T he Chinese owners of Imagination Technologies have drafted in a microchip industry veteran from a Beijing-backed technology conglomerate, after buying the British company last year. The PowerVR brand of GPUs competed with Qualcomm’s Adreno GPUs and ARM’s Ma… After failed takeover talks with Apple, Imagination Technologies sells stake to state-owned Chinese company Monday, May 9, 2016 4:01 pm Monday, May 9, 2016 8 Comments News Announces new CEO Simon Beresford-Wylie 5th October 2020 – (London, UK) – Imagination Technologies (‘Imagination’) a leading supplier of semiconductor intellectual property (IP), announces today that Simon Beresford-Wylie is to become Chief Executive Officer. He holds a BA in English Literature and an MA in Creative Writing from the University of East Anglia, Norwich, UK. He previously held segment marketing and product management roles at Hitachi (now Renesas), ARC (now part of Synopsys) and Avnet, as well as customer engineering roles at IBM and National Instruments. He will continue to be closely involved with Imagination as our Executive Chairman and co-founder and partner at Canyon Bridge, the global private equity fund which owns Imagination.”. Word of a possible takeover first surfaced earlier Tuesday. Canyon Bridge, the China-backed private equity company which owns Imagination, has given assurances to the government that it will remain domiciled in the UK and that it will consult over any board changes. And separately Sir Hossein Yossaie, who was CEO of Imagination for many years up until 2017, has written to MPs asking them to step in, according to a Sky News report. The company owns a number of GPU IP patents, which means SoC vendors have to pay it licensing fees. I am going to ensure that both Imagination and its partners continue to lead with technology that transforms lives and industries. Late this evening Imagination Technologies has announced that they have finally agreed to a buy-out offer. Despite competing within GPUs, Qualcomm and Nvidia have combined their GPUs with Arm-licensed CPUs. A board level CFO, Mark brings extensive private equity experience gained over the last decade across a wide range of sectors. The company started trading on the British market since 1977-04-01. Ray is currently co-founder and partner at Canyon Bridge, a global private equity fund which owns Imagination Technologies. He was a member of the Board of Directors of the Vitec Group (2006 – 2013). If you have any enquiries regarding any of our news or press release items, please contact: david.harold@imgtec.com Tel: +44 (0)1923 260511, jo.jones@imgtec.com Tel: +44 (0)1923 260511, nathaniel.ayling@imgtec.com Tel: +44 (0)1923 260511, © Imagination Technologies Limited. Prior to joining Imagination in 2017 he held General Counsel roles in both public and private equity backed companies, driving business efficiencies and leading M&A and commercial activities with his extensive experience in software and outsourcing sectors. During his five-year tenure as CEO of Arqiva, Simon significantly improved the Company’s financial performance, employee engagement and customer satisfaction. Mark holds an MBA from Nottingham Business School and a BSc in Economics from Queens University Belfast. Imagination is off the hook. “I thank Ray for all that he has done to drive Imagination’s turnaround and build and lead a strong management team. Simon’s vision for Imagination’s future leverages our leading AI and GPU technologies to take advantage of a rapidly changing global competitive landscape. He was a member of the Board of Directors of the Vitec Group (2006 – 2013). During that time he:  developed the PowerVR GPU brand (with some help from Sega and many games developers — thanks! The company registration number is 01306335, It’s main line of business activity is … The decision of the two executives to remain at Imagination will provide a significant boost to Mr Bingham, who is also a partner at Canyon Bridge Capital Partners, Imagination's owner. Woz holds a BTEC HND in Computer Studies from the University of Westminster, a BEng degree in Electronics and Computing from Kingston University, a Henley MBA and attended Oxford University’s Private Equity Programme. It offers the best performance over sustained time periods and at low power budgets across all markets.