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 NetLogic Microsystems, Inc., a leader in high-performance intelligent networking semiconductor solutions, for IP cores from Imagination’s POWERVR multimedia family.
NetLogic Microsystems will deploy Imagination’s technologies in certain of its future products.
Under the terms of the license agreement Imagination receives license 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 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 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 260511
College Hill Associates
Adrian Duffield/Carl Franklin
Tel: 020 7457 2020