Apple is opening an office near Imagination Technologies just months after severing ties to the company, The Telegraph reports. The move to open its own graphics technology development office a “stone;‘s throw away” from Imagination’s headquarters has led to speculation that Apple is intent on poaching away the British company’s top employees.
In April, Apple announced its plans to part ways with the company that previously crated the technology to power the iPhone’s graphics, instantly cutting Imagination’s revenue in half and sending the company’s stock dropping. Imagination’s CEO has expressed doubts that Apple will be able to create its own graphics technology without infringing on his company’s patents, but the struggles since Apple’s announcement have forced Imagination to put itself up for sale.
Apple was reportedly in talks to acquire Imagination in 2016, but a deal never materialized.
.
