Imagination Technologies Share Discussion Threads

[bloomer2] 05/4/2017 07:29

Does anyone have any views on IMG providing their customers with an architecture licence?
Ignoring IP issues, this appears to have facilitated Apple in the gradually designing out of IMG over a number of years.

[borromini1] 05/4/2017 02:12

IMG pr release 8 March 2017 "Imagination have already licensed the first Furian IP cores to multiple partners with initial RTL delivered" Furian silicon expected late 2018 earliest with products likely 2019. Hard to believe Apple were not included in those multiple partners. However if Apple achieve internal GPU in new products within 15 to 24 months it looks like Apple are going to go out on the last version of Rogue 7XT Plus up to 16 cluster and cancelling the use of any Furian licence.

[luckymouse] 05/4/2017 01:14

City traders took that up there strictly for a technical punt

[borromini1] 05/4/2017 01:03

Raycer cost $15m in 1999, does not seem a promising start.

[tsmith2] 05/4/2017 00:46

fool.co.uk usual rubbish

[twatcher] 05/4/2017 00:06

many years ago Apple bought a graphics company called Raycer graphics. I have no idea if they got some patents/IP from this acquisition.

[borromini1] 04/4/2017 23:12

Who knows of any existing Apple owned uncontested granted GPU global patents? AMD are going round all the ARM Mali Midgard architecture SOC manufacturers and users and extracting patent payments. Will Apple need to apply for GPU patents before the release of any products based on them? What if these are contested by other GPU patent holders?

[rackers1] 04/4/2017 22:12

No it doesn't.

[mallorca 9] 04/4/2017 22:10

The 'Orkley' article suggests it could be all over for IMG.

[borromini1] 04/4/2017 22:09

James at last AGM AH stated expect RT licences in H2 2017 followed by royalties from H2 2019. RT functionality can be incorporated with a Furian GPU or into a third party GPU. RT touted as game changing technology with no competitors close.

[orkney] 04/4/2017 22:00

We shall see:

[lord hindsight] 04/4/2017 17:20

Poor reasons Mallorca

[hassani2] 04/4/2017 17:20

Good day at the office

[orkney] 04/4/2017 17:20

The other big hope for RT was consoles, but the next generation are a distance away. However, others may become more interested now it seems Apple are no longer in the picture!?

[jamesrowe] 04/4/2017 17:10

The big hope for RT is AMD on workstations but I don't expect large volumes. Didn't IMG expect > 1 license to be signed shorlty after H1?? (if they are still in business).

[orkney] 04/4/2017 16:55

I presume img's Ray Tracing hopes have now all but disappeared. If Apple does not see a future in img's RT, then what hope is there of others adopting their RT IP!?

[adventurous] 04/4/2017 16:45

"Apple's notification has led Imagination to discuss with Apple potential alternative commercial arrangements for the current license and royalty agreement."

Any goodwill for a long term customer will now be lost so if Apple are honestly going down the route of building there own gpu, IMG would have nothing to lose by upping the royalty fees for the remaining period, Apple would have to accept, as the alternative would be?!!

[tsmith2] 04/4/2017 16:36

someone keen to take a decent amount in auction

[jamesrowe] 04/4/2017 16:18

Will IMG get the same Apple licence income this year and next or does the notice from Apple curtail the license income?

If IMG cuts cost savagley (even more) then I would have thought that the Apple income could perhaps pay off the debt leaving the company debt free at the end of 2 years although what sort of shape that would leave it in as a long term venture might be open to question. I guess that a lot depends on how successful it has been in selling new low end licenses and whether anyone else would buy a license afetr the Apple announcement.

[andrewbaker] 04/4/2017 16:05

Further to my earlier post today, and after further consideration, the best hope may well be a sale of the company, either by takeover or the IP. I agree, IMG staff have been happy to move to Apple of late, and the new replacement Apple are talking about maybe can avoid using any of the patents or IP of IMG, so if not Apple, someone else may want to buy on the basis that there is existing technical prowess there to be used that can be got hold of for less than the cost of developing it themselves. Bottom line, IMG is almost certainly worth more than today's share price, so buying now has a far greater possibility of a decent gain than a loss.

[rob_evans] 04/4/2017 15:56

mallorca 9 > "Can anybody help me to understand why the Co is worth £300m ?"

Well, it's loss making, has substantial debts, and has just lost by far its most important customer.

Does that help?

[mallorca 9] 04/4/2017 15:51

It's way overpriced and being held up on the basis that it used to be £2.50.
Can anybody help me to understand why the Co is worth £300m ?

[lord hindsight] 04/4/2017 15:47

reasons mallorca ?

[t 34] 04/4/2017 15:46

yeah something like 70p !!!

[mallorca 9] 04/4/2017 15:37

This may open tomorrow being marked sharply down.
I'm shocked to see anybody buying or even holding !