Imagination Technologies Restructuring will not affect the direction of PowerVR

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POSTER: computer news   ||   IMAGINATION TECHNOLOGIES RESTRUCTURING WILL NOT AFFECT THE DIRECTION OF POWERVR	DATE:2016-03-18
Financial difficulties of the British developer of graphic processor  Imagination Technologies Group solutions have already  forced its head to leave his post , but this is not limit the extent of the restructuring, according to the latest press release.  Imagination is still seeking to get rid of assets that are not recognized as a priority.  By the end of April, when the British company's calendar will end the current financial year, it will be offered a detailed restructuring plan, which will allow for the results of next year to save about $ 39.7 million. At the current rate. Add that used Apple's PowerVR graphics core under austerity misses - on the contrary, Imagination's going to hire about 50 new employees to work in this direction.  In addition to the priority areas of development is related to the MIPS architecture processors - albeit with some reservations, to optimize resources.  Finally, the telecommunications component Ensigma also be included among the priority areas of business development.  These statements inspired investors, so Imagination Technologies stock price rose by 7.6%.   Related Products :

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