Imagination Technologies Group plc (LSE: IMG; “”Imagination””) – a leader in System-on-Chip Intellectual Property (“”SoC IP””) – reports that it has signed a multi-use license agreement with Ambarella Inc., a technology leader in high definition video compression and image processing SoCs, for a member of Imagination’s POWERVR SGX graphics processor family.
Ambarella will deploy the technology in future consumer electronics designs.
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 silicon technologies – creates and licenses market-leading processor cores for graphics, video, multi-threaded embedded processing/DSP and multi-standard communications applications. These silicon intellectual property (IP) solutions for systems-on-chip (SoC) are complemented by strong array of software tools and drivers as well as 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 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 260511
College Hill Associates
Adrian Duffield/Carl Franklin
Tel: 020 7457 2020