06 September 2011
Sony licenses Imagination Technologies' PowerVR graphics IP technologies
Imagination Technologies Group plc (LSE: IMG; "Imagination"), a leader in System-on-Chip Intellectual Property ("SoC IP"), has signed a further license agreement with Sony Corporation, (“Sony”), a leading consumer electronics company, for IP cores from Imagination’s PowerVR SGX Series5XT graphics family.
Sony will deploy Imagination’s technologies in SoCs targeting consumer markets.
Under the terms of the licence agreement Imagination receives licence fees and royalty revenues based on shipments of semiconductor products incorporating Imagination's IP.
About Imagination Technologies
Imagination Technologies Group plc (LSE:IMG) – a global leader in multimedia and communication technologies – creates and licenses market-leading multimedia IP cores for graphics, video, and display processing, multi-threaded embedded processing/DSP cores and multi-standard communications and connectivity processors. These silicon intellectual property (IP) solutions for systems-on-chip (SoC) are complemented by platform level IP and services, a strong array of software tools and drivers and extensive developer and middleware ecosystems. Target markets include mobile phone, handheld multimedia, home consumer entertainment, mobile and low-power computing, and in-car electronics. Its licensees include many of the leading semiconductor and consumer electronics companies. Imagination has corporate headquarters in the United Kingdom, with sales and R&D offices worldwide. See: www.imgtec.com.
Imagination Technologies Group plc
Hossein Yassaie, CEO
Trevor Selby, CFO
Tel: 01923 260 511
Adrian Duffield/Kay Larsen
Tel: 020 7457 2020