January 15, 2013 -- Imagination Technologies Group plc (LSE: IMG; "Imagination"), a leading multimedia, communications and embedded processor technology company, reports that it has signed a further license agreement with MediaTek Inc., a leading fabless semiconductor company for wireless communications and digital multimedia solutions, for a multi-core member of Imagination's PowerVR SGX Series5XT graphics processor family.
MediaTek will deploy the technology in SoC devices targeting the digital TV market.
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 - a global leader in multimedia and communication technologies - creates and licenses market-leading processor solutions for graphics, video, and display, embedded processing, multi-standard communications and connectivity, and cross-platform V.VoIP and VoLTE. These silicon and software intellectual property (IP) solutions for systems-on-chip (SoC) are complemented by an extensive portfolio of software drivers, developer tools and extensive market and technology-focused ecosystems. Target markets include mobile phone and multimedia, connected home consumer, mobile and tablet computing, in-car electronics, telecoms, health, smart energy and connected sensors and controllers. Imagination’s licensees include many of the world’s leading semiconductor, network operator and electronics OEM/ODM companies. Corporate headquarters are located in the United Kingdom, with sales and R&D offices worldwide. See: www.imgtec.com