19th Mar 2014 08:17
LONDON (Alliance News) - Imagination Technologies PLC jumped to lead the FTSE 250 Wednesday morning after the firm said it has developed a new suite of graphics processors for mobile phones and other consumer devices.
Imagination said the new Wizard family of PowerVR Ray Tracing GPUs "dramatically" improves graphics, increasing realism and performance.
The Wizard suite enables more immersive games and apps with real-life dynamic lighting models, supporting better lighting effects and like-life reflections, said the firm. Imagination also said the tool is scalable, making it usable in markets beyond just mobile devices.
Imagination said the net effect of using the Wizard core offering results in the performance of ray tracing operations around 100 times as efficiently as performing the same operation using GPGPU functionality.
Looking ahead, the company said, "Further cores will follow that offer smaller power and area footprints for more constrained environments, along with scaled up cores to deliver fully ray traced content for the ultimate in cinema quality graphics."
Hossein Yassaie, president and CEO of Imagination said, "We are changing the game again by bringing the next level of realism to mobile and consumer devices. Our ray tracing IP is here, and it's ready for our licensees and developers to begin creating a new wave of immersive and exciting PowerVR-based consumer experiences."
Shares in Imagination Technologies jumped at the market open, trading up 4.14% at 171 pence per share Wednesday.
By Alice Attwood; [email protected]; @AliceAtAlliance
Copyright © 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
Imagination Technologies Group