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大新闻!Imagination被中国收购了!!!!! Imagination Technologies to Be Acquired by Canyon Bridge for £550M; MIPS Sold to Tallwood VC by Ryan Smith on September 22, 2017 7:55 PM EST 1 Comments | Add A Comment Late this evening Imagination Technologies has announced that they have finally agreed to a buy-out offer. After making noise last month as a potential suitor, Canyon Bridge has announced that they’re buying the struggling GPU firm for 550 million GBP. Meanwhile, as an annex to the deal, Imagination’s MIPS CPU division, which was separately on the market, is being sold to Tallwood Venture Capital for 65 million USD. As this is a late breaking announcement, not a great deal is known about this deal at the moment. Imagination’s board of directors has reached an initial agreement with Canyon Bridge to sell the company for 182 pence a share, which works out to £550M for the entire company. This is of course contingent on the deal being approved by Imagination’s current shareholders, who are likely to approve the deal as it represents a 41% premium over Imagination’s current 129 pence share price. It is interesting to note however that this price is still well below the roughly 280 pence share price Imagination was trading at before the initial Apple GPU news broke. As for Imagination’s buyer, Canyon Bridge, the company has not initially said what they intend to do with Imagination. However they have announced that they won’t be cutting any jobs after the acquisition, according to Reuters. The bigger challenge is likely to be getting the deal approved by regulatory authorities; Canyon Bridge has close ties to the Chinese government, and it was on these grounds last week that their acquisition of Lattice Semiconductor was blocked by the US government. In this case the principle authority impacting the deal will be UK authorities. MIPS Sold to Tallwood for $65 Million Meanwhile, as a condition of the Canyon Bridge acquisition, Imagination has also finalized their plans for selling off their MIPS business. That business will be sold to Tallwood Venture Capital of California for $65 million. As Imagination initially acquired MIPS for $100M in 2012, this means that the value of the business unit has dropped $35M/35% over the past 5 years. There’s no immediate word on what Tallwood will be doing with MIPS, however it’s notable that the company’s investment portfolio includes a large number of technology companies that were then acquired by bigger players. So it may be that Tallwood intends to rehabilitate MIPS for a future sale. Politically, selling off the MIPS business also removes a potential US hurdle to the acquisition, as while Imagination was a UK company, the MIPS business operated outside of the US. By selling off MIPS to a US group, the deal is now primarily about Imagination’s GPU business in the UK, which would help Canyon Bridge avoid having another deal blocked by the US government. End of One Saga, Start of Another The announcement of an acquisition agreement all but puts an end to an interesting and somewhat tumultuous odyssey for Imagination over the last 6 months. The long-time supplier of GPU technology for Apple’s A-series SoCs found themselves in a pinch in April of this year after Apple informed them that they were going to develop their own GPU, ceasing their use of Imagination’s IP and tapering off royalty payments accordingly. As Apple represented a full half of Imagination’s revenue in the 2015/2016 period, the loss of their biggest customer immediately put Imagination into a bind, as it was clear that Imagination would need to make some significant changes in order to adapt to the loss of Apple’s royalty payments. The end result was that the company embarked on two major changes. The first being that the company would double down on the GPU business, transitioning from a varied provider of processor IP and focusing almost exclusively on GPUs, video encoders, and other visual processors. In order to achieve that, the company would sell off its MIPS CPU and communications businesses. Eventually the company also opted to put itself up for sale, courting buyers from both the technology and investment communities. Crucially, along with buying the company itself, its employees, and its GPU technology, the buyer would also essentially be buying the opportunity to sue Apple over IP violations with their custom GPU, if they decide to take Imagination’s original complaints against Apple all the way.
大新闻!Imagination被中国收购了!!!!! Imagination Technologies to Be Acquired by Canyon Bridge for £550M; MIPS Sold to Tallwood VC by Ryan Smith on September 22, 2017 7:55 PM EST 1 Comments | Add A Comment Late this evening Imagination Technologies has announced that they have finally agreed to a buy-out offer. After making noise last month as a potential suitor, Canyon Bridge has announced that they’re buying the struggling GPU firm for 550 million GBP. Meanwhile, as an annex to the deal, Imagination’s MIPS CPU division, which was separately on the market, is being sold to Tallwood Venture Capital for 65 million USD. As this is a late breaking announcement, not a great deal is known about this deal at the moment. Imagination’s board of directors has reached an initial agreement with Canyon Bridge to sell the company for 182 pence a share, which works out to £550M for the entire company. This is of course contingent on the deal being approved by Imagination’s current shareholders, who are likely to approve the deal as it represents a 41% premium over Imagination’s current 129 pence share price. It is interesting to note however that this price is still well below the roughly 280 pence share price Imagination was trading at before the initial Apple GPU news broke. As for Imagination’s buyer, Canyon Bridge, the company has not initially said what they intend to do with Imagination. However they have announced that they won’t be cutting any jobs after the acquisition, according to Reuters. The bigger challenge is likely to be getting the deal approved by regulatory authorities; Canyon Bridge has close ties to the Chinese government, and it was on these grounds last week that their acquisition of Lattice Semiconductor was blocked by the US government. In this case the principle authority impacting the deal will be UK authorities. MIPS Sold to Tallwood for $65 Million Meanwhile, as a condition of the Canyon Bridge acquisition, Imagination has also finalized their plans for selling off their MIPS business. That business will be sold to Tallwood Venture Capital of California for $65 million. As Imagination initially acquired MIPS for $100M in 2012, this means that the value of the business unit has dropped $35M/35% over the past 5 years. There’s no immediate word on what Tallwood will be doing with MIPS, however it’s notable that the company’s investment portfolio includes a large number of technology companies that were then acquired by bigger players. So it may be that Tallwood intends to rehabilitate MIPS for a future sale. Politically, selling off the MIPS business also removes a potential US hurdle to the acquisition, as while Imagination was a UK company, the MIPS business operated outside of the US. By selling off MIPS to a US group, the deal is now primarily about Imagination’s GPU business in the UK, which would help Canyon Bridge avoid having another deal blocked by the US government. End of One Saga, Start of Another The announcement of an acquisition agreement all but puts an end to an interesting and somewhat tumultuous odyssey for Imagination over the last 6 months. The long-time supplier of GPU technology for Apple’s A-series SoCs found themselves in a pinch in April of this year after Apple informed them that they were going to develop their own GPU, ceasing their use of Imagination’s IP and tapering off royalty payments accordingly. As Apple represented a full half of Imagination’s revenue in the 2015/2016 period, the loss of their biggest customer immediately put Imagination into a bind, as it was clear that Imagination would need to make some significant changes in order to adapt to the loss of Apple’s royalty payments. The end result was that the company embarked on two major changes. The first being that the company would double down on the GPU business, transitioning from a varied provider of processor IP and focusing almost exclusively on GPUs, video encoders, and other visual processors. In order to achieve that, the company would sell off its MIPS CPU and communications businesses. Eventually the company also opted to put itself up for sale, courting buyers from both the technology and investment communities. Crucially, along with buying the company itself, its employees, and its GPU technology, the buyer would also essentially be buying the opportunity to sue Apple over IP violations with their custom GPU, if they decide to take Imagination’s original complaints against Apple all the way.
以后大船靠不了岸了,中国将禁止洋垃圾进口 中国将禁止24类“洋垃圾”进口 已经向WTO进行通报 作者:邢颖 来源:北京青年报2017-07-21 09:29:16在过去特定的发展阶段,有一部分进口原料的固体**在弥补国内资源短缺方面发挥了一定作用。但随着我国经济社会发展水平的不断提高,进口可用作原料的固体**暴露出不少问题,污染了环境,损害了群众的身体健康,尤其是洋垃圾问题,已经到了人人喊打的地步。 20日举行的环保部例行发布会上,环保部国际合作司司长郭敬介绍了中国在环境保护国际合作方面的工作进展。针对近期引发社会关注的“洋垃圾”问题,郭敬回应称:2017年底之前,中国将禁止进口废塑料、未经分拣废纸、废纺织原料、钒渣等24类固体**。 不法商人夹带走私洋垃圾 据郭敬介绍,在过去特定的发展阶段,有一部分进口原料的固体**在弥补国内资源短缺方面发挥了一定作用。“但是随着我们国家经济社会发展水平的不断提高,进口可用作原料的固体**暴露出不少问题,污染了环境,损害了群众的身体健康,尤其是洋垃圾问题,已经到了人人喊打的地步。” 他表示,一些国家通过多种方式将固体**转移到其他国家,有的甚至是非法出口。“我们必须看到国内国外都有一些的不法商人为了自己的利益非法进口、夹带走私洋垃圾,造成不少环境问题,必须进行严厉的打击查处。” 已经向WTO进行通报 对此,今年4月,中央全面深化改革领导小组第三十四次会议审议通过了《关于禁止洋垃圾入境推进固体**进口管理制度改革实施方案》。“会议指出,要以维护国家生态环境安全和人民群众身体健康为核心,完善固体**进口管理制度,分行业、分种类制定禁止固体**进口的时间表,分批分类调整固体**进口管理目录,综合运用法律、经济、行政的手段大幅度减少进口固体**的数量,同时我们国内要加强固体**回收利用管理,发展循环经济。也正是为此,我们先行将环境污染风险很高、群众反映十分强烈的废塑料、未经分拣废纸、废纺织原料、钒渣等24类固体**禁止进口,并根据WTO有关透明度义务的要求,在相关委员会项下进行了通报。”郭敬说。 河北等地查出数量较大洋垃圾 环保部此前通报,近两年的环境执法检查发现,一些进口**加工利用企业规模小、污染严重,污染治理设施不正常运行等环境违法行为较为突出,增加了区域环境污染负荷,也给个别地区造成了严重环境污染。公开报道显示,近两年,河北、深圳、厦门、南京等多地都查出数量较大的“洋垃圾”走私案。 因此,环保部自今年7月1日起,用一个月时间开展专项行动,检查是否存在转让固体**进口许可证及非法倾倒、处置危险**等违法行为。据环保部最新通报,截至7月17日,环保部各检查组共检查企业1162家,对751家企业提出立案处理处罚建议,占检查企业总数的65%。 海关总署今年重点打击走私“洋垃圾” 北青报记者昨天从海关总署获悉,从今年初开始,全国海关已经展开了为期一年的打击走私“国门利剑2017”联合专项行动,其中一项稽查重点就是针对走私“洋垃圾”。 根据不完全统计,今年以来我国多地海关都查获过走私洋垃圾案件。上个月,汕头海关在汕头、深圳、广州、惠东等多地同时开展查缉行动,一举摧毁一个利用他人固体**进口许可证,走私废塑料、废五金等固体**进境的犯罪网络团伙,现场查扣废塑料、废五金2000多吨。这也是该关成立以来查获的最大一宗**走私案。同样是上个月,济南海关隶属淄博海关在对一批进口造纸原料实施查验时,发现其中混有大量杂物,当即对其进行封存。经相关部门进一步检疫确认,该批进口货物不符合《固体**环境保护控制标准》,最终对这73.9吨超标造纸原料办理退运手续,3个40尺集装箱超标造纸原料被退回出口国。近日厦门海关还查获一起洋垃圾走私案,海关关员查验时发现,厦门某公司申报进口的“牛皮革”均为红褐色和棕黄色的条状牛皮角料,并无形状规整的整张牛皮。经专业机构鉴定,这些牛皮边角料属于我国禁止进口类固体**,共计16.16吨。 在昨天的发布会上,郭敬表示,中国不断加强与发达国家合作,学习借鉴生态环保先进经验。目前,环保部正着手建设生态环保大数据服务平台和“一带一路”绿色发展国际联盟,支持“一带一路”国家绿色发展。 据他介绍,“这个平台总体的定位是支持沿线国家绿色转型、促进绿色贸易、绿色投资和绿色基础设施建设,逐步建设成一个信息交流的旗舰式窗口,要建成知识和技术的分享平台和共享平台,建成信息支撑和决策支持平台,推动‘一带一路’沿线国家的惠益共享”。 谈及中国企业走出去的环境风险时,郭敬表示,2013年,环保部和商务部共同发布了《对外投资合作环境保护指南》,指导走出去的中国企业遵守当地的环境法规标准和要求。2016年年底,环保部、发改委、商务部又联合发布《履行企业环境责任,共建绿色“一带一路”》的倡议,保护当地的生态环境。 郭敬表示,近年来,中国相关企业的对外投资合作里面,企业环境保护社会责任的意识不断增加,很多项目获得了当地政府和民众的高度肯定。 比如,中方企业承建的印度古德洛尔燃煤电站项目,2016年获得印度推进规模发电基金会颁发的环境保护奖。中方负责建设的巴基斯坦萨希瓦尔燃煤电站项目,二氧化硫和氮氧化物的排放量远远低于当地的排放标准。中方承建的中国白俄罗斯工业园一期市政基础设施污水处理站,今年5月刚完工,是白俄罗斯处理能力最强、处理工艺最先进的污水处理站。
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