Sony licenses Imagination's PowerVR graphics IP technologies
Great news from IMG in these difficult economic times:
Imagination Technologies Group plc (LSE: IMG; "Imagination"), a leader in System-on-Chip Intellectual Property ("SoC IP"), has signed a further license agreement with Sony Corporation, ("Sony"), a leading consumer electronics company, for IP cores from Imagination's PowerVR SGX Series5XT graphics family.
Sony will deploy Imagination's technologies in SoCs targeting consumer markets.
Under the terms of the licence agreement Imagination receives licence fees and royalty revenues based on shipments of semiconductor products incorporating Imagination's IP.
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This follows on from the original agreement a few years ago for the SGX 543MP(4) core, as used in the upcoming PS Vita. Many Sony Bravia TVs (with MotionFlow) also use IMG display cores.
Sony have obviously been impressed by the market-leading technologies , the ecosystem, and of course the people at IMG. Practically all the top companies keep coming back for more....
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