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Tech company leads the way, says MP

 Published on: 20th April 2018   |   By: Amy Pollard   |   Category: Uncategorized

Anne Main, MP for St Albans, met with senior figures and the new CEO of Imagination Technologies during her visit to their headquarters in Kings Langley last month.

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 MP has secured, she was shown around the impressive complex and spoke with senior figures in the business about the booming technology industry in the UK.

Speaking after her meeting with new CEO Dr Leo Li, Mrs Main MP said: “It was wonderful to meet Dr Li and other impressive staff at Imagination. Dr Li’s enthusiasm and optimism for UK technology was great to hear. Dr Li spoke about the thriving technology 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 technology 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 $1billion in a major vote of confidence in the growing tech industry.

Mrs Main MP added: “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 MP will use her Westminster Hall debate to raise some of the exciting growth and innovation seen from the digital and technology industry over the last few years and will push the government to continue to support this important sector of the economy going forward.

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