Re:Discussions with Apple regarding license agreement
by jwilliams on Monday April 03, 2017 @09:14AM
(#14022480)
You're likely correct overall - However worth adding in this case it was Imagination making (and phrasing) this announcement, not Apple.
Re:Discussions with Apple regarding license agreement
by masklinn on Monday April 03, 2017 @09:57AM
(#14022759)
Imagination had little choice if they received notice from Apple, as noted by an other commenter
> UK regulations on stock markets are quite tough, publicly listed companies must share information that could impact the company as soon as they can.
Re:Discussions with Apple regarding license agreement
by jwilliams on Monday April 03, 2017 @10:45AM
(#14023094)
Yup. I'm making a different point.
Re:Discussions with Apple regarding license agreement
by scarface74 on Monday April 03, 2017 @09:20AM
(#14022528)
There is a long history of customers using their leverage over a supplier to say that you either allow us to buy you, or we take our business to a competitor - or in house.
Apple just announced to the whole world that they are no longer interested in Imagnation Technologies' IP.
Announcing to the world that they were interested in Imagination Technologies after all (by acquiring them) would not only have made the prior announcement deceptive, but also (almost certainly) be considered market manipulation, given that the announcement caused a 60% drop in the stock's price.