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Imagination Technologies Group plc is a British semiconductor and software design company, owned by the Canyon Bridge Capital Partners, a private equity fund based in Beijing, China that is beneficially owned by the Chinese government. With its global headquarters in Hertfordshire, in the United Kingdom its primary business is in the design of PowerVR mobile graphics processors (GPUs), networking routers (based on MIPS CPUs), and its Pure consumer electronics division. It also supplies radio baseband processing, networking, digital signal processor, video and audio hardware, voice over IP software, cloud computing and silicon and system design services. The company was listed on the London Stock Exchange until it was acquired in November 2017 by Canyon Bridge.