Imagination Technology signs IP agreement

Imagination Technologies Group, the system-on-chip intellectual property (IP) developer, has signed a licence agreement with Sunplus Technology for intellectual property from Imagination's PowerVR SGX graphics division. Sunplus will use the IP to target the Home Entertainment market. Tony King-Smith, VP marketing of Imagination, said: "We are pleased that, having assessed the available technologies, Sunplus has again selected PowerVR. This latest expansion of our partnership will help both companies to further drive and exploit the latest graphics trends."Imagination will receive licence fees and royalty revenues on any system-on-chips incorporated with Imagination's IP.NR