|Interest of||Hossein Yassaie|
Imagination Technologies Group plc is a British-based technology company, focusing on semiconductor and related intellectual property licensing. It markets PowerVR mobile graphics processors, MIPS embedded microprocessors, and for its Pure consumer electronics division. It also supplies radio baseband processing, networking, digital signal processor, video and audio hardware, voice over IP software, cloud computing and silicon and system design services.
Hossein Yassaie, who joined the company in 1992, became the company's Chief Executive Officer (CEO) in 1998. On 29 December 2012, Yassaie was awarded a knighthood in the 2013 New Year Honours. The award was given in recognition of his services to technology and innovation.
Imagination Technologies was listed on the London Stock Exchange until it was acquired by China-backed private equity firm Canyon Bridge in November 2017 in a transaction which valued the business at £550 million (£1.82 per share).