MediaTek and Imagination Significantly Expand Strategic Partnership
Multi-Year, Multiple Core Agreement Provides MediaTek With Access to Market
Leading Graphics Technologies
LONDON, Sept. 13, 2013 (GLOBE NEWSWIRE) -- Imagination Technologies (LSE:IMG),
a leading multimedia, processor, communications and cloud technologies
company, has signed a further license agreement with MediaTek Inc., a leading
fabless semiconductor company for wireless communications and digital
multimedia solutions. The multi-year agreement includes multiple cores from
Imagination's PowerVR Series6 'Rogue' family and beyond.
PowerVR Series6 is already enabling MediaTek to deliver products with advanced
graphical features, such as OpenGL ES 3.0 support, while maintaining the low
power profile essential to mobile devices. The new agreement will ensure
MediaTek has access to innovative and market leading graphics technology for
years to come.
Says Johan Lodenius, chief marketing officer for MediaTek: "MediaTek is
focused on providing a market-leading product range that delivers all key
market requirements resulting in true end user benefits, including leading
performance and an enhanced feature set, all at low power. The strengthening
strategic relationship with Imagination is a significant element in our SoC
roadmaps and we are pleased with this multi-year agreement which will deliver
the next wave of success for both companies across key segments."
Says Imagination EVP marketing, Tony King-Smith: "Graphics performance and
efficiency, particularly in terms of optimal power consumption, are crucial to
the majority of markets today, especially mobile. With wide ranging adoption
of PowerVR technology MediaTek will confidently deliver a range of solutions
that address those markets in a compelling way. MediaTek's SoCs are a great
example of how we see our partners using their unique expertise and innovation
combined with our technologies to differentiate their products."
MediaTek will deploy the technology in SoC devices targeting multiple markets
across its product range.
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, 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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