Apple has made a significant $4.8 million investment (8.2 million shares) in UK based Imagination Technologies Group, a company that produces consumer electronics (including radios, Ultra Mobiles Personal Computers, TVs, etc) and semi-conductors for mobile devices. Apple also licenses patented technologies/processes from Imagination Technologies. The investment which could serve as a hedge against future changes to its existing agreements. The Imagination Technologies Group stock is up $5 or 10% following the news overnight.