# Canyon Bridge to acquire Imagination Technologies for £550 million

Canyon Bridge reached an agreement to acquire most of Imagination Technologies for £550 million, excluding the MIPS Technologies division which will be sold to Tallwood Venture Capital for $65 million.

- Type: Acquisition
- Announced: 2017-09-24
- Where: United Kingdom
- Status: announced
- Products: graphics processors, MIPS CPU IP
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Canyon Bridge Capital Partners](https://endata.com/companies/16291.md) (acquirer)
- [Imagination Technologies](https://endata.com/companies/24276.md) (target)
- [Tallwood Venture Capital](https://endata.com/companies/27097.md) (acquirer)
- [MIPS Technologies](https://endata.com/companies/27098.md) (target)

## Sources

- [pcper.com](https://pcper.com/2017/09/imagination-technologies-agrees-to-canyon-bridge-offer/), 2017-09-24: "Canyon Bridge, a private investment LLC, has just reached an agreement with Imagination Technologies to acquire most of their company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.