iPhone graphics supplier to sell off businesses amid patent battle with Apple

Imagination Technologies, the company that's long supplied graphics chip designs for the iPhone, has announced plans to sell off two of its businesses amid a major patent dispute with Apple. Last month, Imagination's business was crushed after Apple announced it would begin making its own graphics solutions and end its reliance on the company within two years. Its stock price dipped by more than half within a single day and has only lowered since. Imagination is starting a formal dispute over li...