Chip firm boosts presence in imaging technology by buying UK-based Apical
Leading shares are falling back as the strong dollar, lifted by renewed talk of a US rate rise in June, hits the mining sector.
But among the risers is Arm, up 6p at 934p as the chip designer announced the $350m purchase of imaging specialist Apical. Arm said Apical’s technology is used in more than 1.5bn smartphones and 300m other devices including cameras and tablets.
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