Apple buys a little Imagination -- 3.6 percent to be exact
Man, that PowerVR mobile graphics core must be some hot stuff -- hot on the heels of Apple's $5M investment into developer Imagination Technologies, Intel's upped its own investment in the company to 3.04 percent. That's not quite as much as Apple's 3.6 percent stake, but Intel seems ready to commit -- it also filed a statement with the London Stock Exchange saying it might try and acquire all of Imagination if it thinks another company is on the prowl. Of course, Apple and Intel are like, besties, so maybe it'll all work out, but we'll see whose letter jacket Imagination shows up to homeroom in next week.

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