Imagination Technologies Group plc (LSE: IMG; "Imagination") – a leader in System-on-Chip Intellectual Property ("SoC IP") - reports that it has signed a license agreement with MediaTek Inc., a leading fabless semiconductor company for wireless communications and digital multimedia solutions, for a member of Imagination's POWERVR SGX Series5XT graphics processor family. MediaTek will deploy the technology in its future SoC devices targeting the digital TV market.
Under the terms of its licensing arrangements Imagination receives license fees, and royalty revenues on shipment of SoCs 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.
Hossein Yassaie, CEO
Richard Smith, CFO
Tel: 1923 260 511
Adrian Duffield/Kay Larsen
Tel: 020 7457 2020