One of the bitterest company disputes in Silicon Valley’s recent history has ended.
On Thursday, a chip supplier to Apple – a British tech firm called Imagination Technologies – announced that it had reached a “new, multi-year license agreement” with Apple to access an unspecified range of its intellectual property, ending years of sparring between the two firms.
Imagination had previously received royalty payments from Apple because the tech giant used its graphics processing unit (GPU) designs for its iPhones and iPads. This was thanks to a deal that Imagination says was first struck in 2014.