Imagination Technologies and MediaTek sign license agreement
Sep 17, 2013 (MarketLine via COMTEX) --
Imagination Technologies, engaged in multimedia, processor, communication and cloud technologies, has signed a license agreement with MediaTek Inc., a provider of mobile communication chipsets.
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, said Imagination Technologies.
Imagination EVP marketing, Tony King-Smith, said: "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, added Imagination Technologies.
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