Feeds

Apple graphics partner gets Intel cash

Need a job? They're hiring

3 Big data security analytics techniques

The world economy may be in a tailspin and jobless rates worldwide may be rising to unprecedented heights, but there's one happy company that's raising cash and beefing up its staff size: Imagination Technologies.

As we reported last week, Apple recently spent $4.8m of its $25bn in cash reserves to acquire 8.2 million shares of the British designer of graphics and video chips for mobile devices. Intel - never one to miss a golden opportunity - apparently concurred with Apple's money men and late last week increased their own Imagination holdings by 934,422 shares, adding to the 6 million they acquired in October of 2006 when they licensed Imagination's graphics cores to supplement their Atom mobile microprocessor.

Interestingly, Apple's stock purchase was far more favorable financially than Intel's original buy-in, considering that Apple paid 39 pence per share last week, while Intel paid 88 pence per share in 2006 for a total of £5.28m ($7.88m in today's dollars).

But what's a few million among business partners? Imagination is a rising star among chip designers, with its hot-selling PowerVR MBX technology powering the iPhone and iPod Touch, and its indisputably hotter PowerVR SGX GPU and PowerVR VXD Video Decoder presumably poised to power the next generation of Apple mobile devices and Intel Atom-based platforms.

Imagination Technologies isn't merely spending its Apple and Intel booty on celebratory eggnog this holiday season, however. They're instead bucking the layoff trend and investing in new engineers. In the "PowerVR Software" section of their Careers webpage you can now find postings for six positions that fit quite nicely into Apple's OpenCL plans for Mac OS X 10.6, Snow Leopard - three of which specifically reference the OpenGL ES open-source standard (two for OpenGL ES Graphics Driver Design Engineers and one for a OpenGL ES Graphics Senior Driver Design Engineer). We can only assume that there's no coincidence that the PowerVR SGX GPU is compatible with the latest version of that standard, OpenCL ES 2.0, which adds programmable 3D graphics to the PowerVR's powers.

So if you happen to be one of the many who are either fearing or recovering from a layoff from HP, Yahoo!, Nvidia, or some other struggling tech firm, you might want to point Google Maps towards Kings Langley, Hertfordshire UK, Imagination's home. We hear that there are still tickets available for Jack and the Beanstalk in nearby Stevenage - it's "Fee-Fi-Fo-Fun!" ®

SANS - Survey on application security programs

More from The Register

next story
Samsung Galaxy S5 fingerprint scanner hacked in just 4 DAYS
Sammy's newbie cooked slower than iPhone, also costs more to build
US mobile firms cave on kill switch, agree to install anti-theft code
Slow and kludgy rollout will protect corporate profits
Leaked pics show EMBIGGENED iPhone 6 screen
Fat-fingered fanbois rejoice over Chinternet snaps
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Oh no, Joe: WinPhone users already griping over 8.1 mega-update
Hang on. Which bit of Developer Preview don't you understand?
Report: Apple seeking to raise iPhone 6 price by a HUNDRED BUCKS
'Well, that 5c experiment didn't go so well – let's try the other direction'
Feast your PUNY eyes on highest resolution phone display EVER
Too much pixel dust for your strained eyeballs to handle
Rounded corners? Pah! Amazon's '3D phone has eye-tracking tech'
Now THAT'S what we call a proper new feature
Hearthstone: Heroes of Warcraft – A jolly little war for lunchtime
Free-to-play WoW turn-based game when you have 20 minutes to kill
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.