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License agreement

5th Oct 2010 07:00

RNS Number : 8318T
Imagination Technologies Group PLC
05 October 2010
 



5 October 2010

 

Imagination Technologies Group plc

 

NetLogic Microsystems licenses Imagination Technologies' visual IP technologies

 

Imagination Technologies Group plc (LSE: IMG; "Imagination"), a leading multimedia, communications and embedded processor technology company, 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.

 

 

Enquires

 

Imagination Technologies Group plc

Tel: 01923 260511

Hossein Yassaie, CEO

Trevor Selby, CFO

College Hill Associates

Tel: 020 7457 2020

Adrian Duffield/Carl Franklin

 

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