Imagination Technologies Sells Amid Claims

This is a Hertfordshire news story, published by MSN, that relates primarily to Lazard news.

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investment group China Reform

Telegraph

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British chipmaker put up for sale by Chinese owner amid national security row

Summary

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Imagination Technologies is understood to have directed its adviser Lazard to find a buyer.

The Hertfordshire -based microchip designer was hit by allegations it transferred core technology to two companies developing artificial intelligence technology for the Chinese military.

A report from the UK China Transparency Centre claimed that the company had been subject to “asset-stripping by the Chinese Communist Party’s .

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