I wouldn't put this past them as an acquisition tactic, Imagination drops MIPS, Ensigma and suddenly they look very attractive just for the patents alone.

Yeah, this is an open letter informing the world that imgtec is turning from a company producing useful stuff into yet another patent troll.

Patents belong in the garbage.

What happens when you put all your eggs in one basket..

There is definitely a lot of money to be made here, can't see it staying so low.

Why not? They don't seem to have any other customers.

Indeed. From their 2016 Annual Report, "There are no parties with whom the Group has contractual or other arrangements which are essential to the business of the Group except the contract with Apple Inc."

https://imagination-technologies-cloudfront-assets.s3.amazon...

Page 30 for those interested. I was surprised that it was actually in there, phrased that way.

Great time to buy!

>> What's funny is in their financial risk assessment they focus on bullshit like investment shifts and outside IP threats, but gloss over the whole "what if that huge contract our company depends on happens to fall apart?"

Perhaps thats why they've refocused on IP, projects that are actually profitable.