Anne Main MP met with senior figures and the new CEO of Imagination Technologies during her visit to their headquarters in Kings Langley last week. Imagination produces graphic chips and other cutting-edge technology for mobile phones, computer games and artificial intelligence.
Ahead of a Westminster Hall debate on the future of the UK digital and tech industries that Mrs Main has secured, Anne was shown around the impressive complex and spoke with senior figures in the business about the booming tech industry in the UK.
Speaking after her meeting with new CEO Dr. Leo Li, Mrs Main said, ‘It was wonderful to meet Dr Li and other impressive staff at Imagination. Dr Li’s enthusiasm and optimism for UK tech was great to hear. Dr Li spoke about the thriving tech sector and the many jobs and investment it has created all across the country.
‘It was fascinating to see some of the ground-breaking technology being created and developed here in Hertfordshire. Imagination are global leaders in producing tech that is used by billions of people across the world and the industry here in the UK is going from strength to strength.’
Imagination was recently acquired by Canyon Bridge, a US private equity firm, for just under $1 billion in a major vote of confidence in the growing tech industry.
‘Seeing investment at this scale is a great show of confidence in both the UK economy and our tech industry. The global outlook for the company is strong and I welcome the fact that international partners see the UK as a hub for investment and growth around the world.’
Mrs Main will use her Westminster Hall debate to raise some of the exciting growth and innovation that we have seen from the digital and tech industry over the last few years and will push the government to continue to support this important sector of the economy going forward.