Imagination signs license agreement with Cavium for MIPSr5 architecture

June 17, 2013 -- Imagination Technologies (LSE: IMG.L), a leading multimedia, processor, communications and cloud technologies company, has signed a license agreement with Cavium, Inc. for the latest Release 5 MIPS architecture (MIPSr5).

Cavium will feature the MIPSr5 technologies, including hardware virtualization, in all members of its ultra-high-performance 1 – 48 core OCTEON® III family of products.

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: www.imgtec.com.