Imagination Technologies' 2012 Growth Outpaces Industry by 3x
Gartner Research Shows Imagination is Fastest-Growing Among Leading Design IP
LONDON, June 12, 2013 (GLOBE NEWSWIRE) -- Imagination Technologies (LSE:IMG),
a leading multimedia, processor, communications and cloud technologies
company, announces that it was the fastest growing company among leading IP
companies in 2012, outpacing growth of the overall design IP market by more
than 3x. The "Market Share Analysis: Semiconductor Design Intellectual
Property, Worldwide, 2012" (April 2, 2013) report from market research firm
Gartner showed that the third-party semiconductor design IP market grew by
11.2% in 2012, and Imagination grew by 36.4%. MIPS Technologies, recently
acquired by Imagination, also outpaced industry growth in 2012, growing by
more than 17%.
For the sixth year in a row, Imagination maintained its position in the survey
as the third largest design IP provider, with its overall share growing each
year. With MIPS in the fourth position, the companies together comprised 11.3%
of the design IP market share.
Tony King-Smith, EVP marketing, Imagination, says: "Imagination's PowerVR GPUs
and video processors already respectively lead the industry in unit shipments.
The addition of MIPS enables Imagination to meaningfully enter the CPU
segment—the largest design IP market. MIPS CPUs are designed for the highest
performance, smallest area and lowest power consumption, and offer a true
alternative in many key markets. With the continued growth of our PowerVR and
MIPS IP families into new segments, and the strong demand developing for our
Ensigma communications and Flow cloud IP, we intend to grow our overall share
of the design IP market again in 2013 by providing an unrivalled range of IP
for future generations of our customers' SoCs."
About Imagination Technologies
Imagination Technologies - a global leader in multimedia, processor,
communication and cloud technologies - creates and licenses market-leading
processor solutions including graphics, video, vision, CPU and embedded
processing, multi-standard communications, cross-platform V.VoIP and VoLTE,
and cloud connectivity. These silicon and software intellectual property (IP)
solutions for systems-on-chip (SoC) are complemented by an extensive portfolio
of software, tools and ecosystems. Target markets include mobile phone,
connected home consumer, mobile and tablet computing, in-car electronics,
networking, telecoms, health, smart energy and connected sensors.
Imagination's licensees include many of the world's leading semiconductor
manufacturers, network operators and OEM/ODMs. Corporate headquarters are
located in the United Kingdom, with sales and R&D offices worldwide. See:
CONTACT: Imagination Technologies' Press Contacts:
UK: David Harold
+44 (0)1923 260 511
USA: Jen Bernier-Santarini
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