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License Agreement

12th May 2011 07:00

RNS Number : 4287G
Imagination Technologies Group PLC
12 May 2011
 



12 May 2011

 

Imagination Technologies Group PLC

 

Fujitsu licenses Imagination graphics and multimedia IP cores

 

Imagination Technologies Group plc, a leader in System-on-Chip Intellectual Property (SoC IP"), has signed a strategic license agreement with Fujitsu Semiconductor Limited for Imagination's POWERVR SGX graphics and POWERVR video technologies.

 

The agreement provides Fujitsu with access to a range of Imagination's technologies targeting the consumer and embedded electronics space. Fujitsu Semiconductor Europe will be one of the first groups to take advantage of this extended partnership in products targeting the automotive market.

 

Under the terms of its licensing arrangements, Imagination receives licence fees and royalty revenues on shipment of chips 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.

 

ENQUIRIES:

 

Imagination Technologies Group plc

Tel: 01923 260 511

Hossein Yassaie, CEO

Trevor Selby, CFO

College Hill

Tel: 020 7457 2020

Adrian Duffield/Kay Larsen

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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