
Zero-Sum Thinking Threatens Wealth Creation | Canyon Bridge
June 28, 2018 5:06 pmTech-industry veteran and Canyon Bridge co-founder Ray Bingham discusses how zero-sum thinking hurts trade around the world.
Tech-industry veteran and Canyon Bridge co-founder Ray Bingham discusses how zero-sum thinking hurts trade around the world.
With global sales of semiconductors now at all-time highs, it’s not surprising that some technology analysts are growing nervous about... View Article
Artificial intelligence (AI) algorithms drive innovation and change across the business landscape. AI helps doctors diagnose and treat cancer. It powers personal digital assistants like Alexa and Google Home. It can do everything from training airplane pilots and air traffic controllers to detecting credit-card fraud, and from handling customer-service interactions to managing investment portfolios.
We are very pleased to announce that Leo Li will be the new CEO of Imagination Technologies, the first acquisition of Canyon Bridge. He started on April 3.
Pop quiz: What is the common 10,000-mile thread tying a British company, Imagination Technologies to the former president and CEO at Chinese fabless? Answer: Li is Imagination’s brand-new CEO, picked by Canyon Bridge, the Chinese government-backed buyout fund that acquired the U.K. company last year.
Much has been said in recent years about jobs shifting overseas in what many economists are calling “the hollowing out of America.” Increasingly, the country’s economy is focused on high-end services—legal, medical, engineering, design and IP—while the market for the blue collar manufacturing jobs that were once a staple of our economy has hollowed, as trade agreements, the internet and offshoring shift them to other regions.
Canyon Bridge Capital Partners, LLC (“Canyon Bridge”) is pleased to announce that it has completed the acquisition of Imagination Technologies Group plc (“Imagination”). Having gained shareholder approval and fulfilled all the regulatory requirements, Imagination shares delisted from the London Stock Exchange at 8.00 am on 3 November 2017.
If Canyon Bridge Capital Partners (Palo Alto, Calif.) succeeds in purchasing Imagination Technologies without a hitch, it will be the very first time the Chinese government-backed buyout fund has closed any deal since the firm was founded in 2016.