[6] The following year it entered into a licensing agreement over its PowerVR technology with NEC (now Renesas) who took a 2.29% stake in the company for £1.6 million and acquired the rights to manufacture and sell the chip.

[10] On 23 March 2000, Imagination Technologies acquired Ensigma, a private company specialising in digital signal processing, for a maximum consideration of £5 million.

On 26 September 2001, Imagination Technologies acquired Cross Products Limited, a company designing and producing development tools for META DSP IP cores and Renesas's SuperH architecture processors under CodeScape brand, for £4.2 million.

[14] One week later, Intel acquired another 5 million shares from the Saad Group (based in Saudi Arabia), and its shareholding rose to 16.02%.

[24] On 8 February 2016, Imagination Technologies announced that Sir Hossein Yassaie had stepped down from the company after 18 years as CEO.

Apple also established a new office for chip development in St Albans, close to Imagination Technologies' headquarters.

[27] On 3 April 2017, Imagination Technologies' stock prices fell by 70% after it reported that Apple planned to stop using its intellectual property within its system-on-chips within the next two years.

[38][39] Since the sale to Canyon Bridge, there have been security concerns over possible technology transfers to Chinese state-owned enterprises, leading to key executives of Imagination being summoned to appear before the Foreign Affairs Select Committee of the British parliament.

[47] The 2023 released IMG DXD GPU IP also support various graphic APIs like DirectX 11 and Vulkan 1.3 as well as Ray Tracing and is aimed at cloud gaming services.

[48][49] The 2019 released A-Series is meant to address a wider range of uses, like in AIoT devices or servers due to being scalable from 1 PPC (pixel-per-clock) to 2 TFLOPS.

[52] In 2020, Ron Black, the CEO of Imagination Technologies, was dismissed after raising concerns about a Chinese state-owned investor's attempt to appoint four directors to the board.

Black warned that this could lead to the company falling under Chinese government control, raising national security risks and fears of potential misuse of its technology.