July 09, 2007 -- Imagination Technologies Group plc (LSE:IMG; "Imagination") - a leader in System-on-Chip Intellectual Property ("SoC IP") - reports that it has licensed next generation graphics and video IP cores to an international electronics systems company under a multi-use licensing agreement.
The SoCs to be developed under this license agreement will be produced for this new partner by Imagination’s existing semiconductor partners and/or new chip manufacturing partners.
Under the terms of the above licensing arrangement, Imagination will receive licence fees and royalty revenues on SoCs incorporating Imagination’s IP.
About Imagination Technologies
Imagination Technologies Group plc - a leader in SoC IP - develops, licenses and supplies market-leading graphics, video and display cores, real-time multi-threaded DSP/RISC processors and communication and broadcast technologies for the mobile, consumer, automotive and PC markets. It supplies licensable IP (Intellectual Property) supported by advanced development tools to leading semiconductor and consumer electronics companies worldwide. Imagination Technologies Group plc has its corporate headquarters in the United Kingdom and is publicly traded on the London Stock Exchange. See: www.imgtec.com.