Imagination begins to “dispute resolution procedure” with Apple, said in a statement GPU. On this step the company had to go, as the differences with the largest customer associated with the licensing, has failed to settle “peacefully”.
The iPhone, iPad and iPod touch used for some years GPUs developed by Imagination. For every copy sold mobile devices, Apple pays licensing fees to Imagination.
Recently “Apple” of the Empire has expressed a desire to create these components on their own. After the announcement of these plans, shares of Imagination Technologies in one day fell by 67% and now the company is forced to sell two of its three divisions — MIPS and Ensigma.
Then the specialists Imagination Technologies expressed doubts that Apple will develop a new GPU, while not violating its patents. As through negotiations on this issue, the compromise has not been, and cupertinos refused to sign an alternative agreement, Imagination decided to start legal proceedings, stipulated by the current agreement, as legitimate dispute resolution mechanism.
As told by the Imagination, they failed to succeed in negotiations with Apple about the conclusion of the alternative license agreement. This causes the GPU to resort to legal mechanisms under the existing agreement.
