Apple Chip Designer Imagination Considers London IPO
- U.K. semiconductor firm working with Lazard to study options
- China-backed Canyon Bridge fund bought company in 2017
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Imagination Technologies Ltd., the British semiconductor designer with ties to a Chinese state investor, is exploring options including a potential initial public offering in London, people familiar with the matter said.
The Hertfordshire, England-based company is working with Lazard Ltd. to study strategic alternatives, according to the people, who asked not to be identified because the information is private. Imagination Technologies could also consider a sale, one of the people said.