Imagination Technologies Group plc (LSE:IMG; "Imagination") – a leader in System on Chip Intellectual Property (" SoC IP") – reports that Freescale Semiconductor (NYSE:FSL; NYSE:FSL.B; “Freescaleâ€) has signed a multiple-use licence agreement with Imagination which enables Freescale to deploy Imagination’s PowerVR MBX Lite core alongside a wider range of CPUs and to also use Imagination’s PowerVR VGP Lite core in its SoCs.
Freescale has previously licensed PowerVR MBX Lite, which is integrated in its iMX.31 mobile application processor.
Under the terms of its licensing arrangements Imagination receives license fees and royalty revenues on SoCs incorporating Imagination’s IP shipped by its partners.
Freescale has previously licensed PowerVR MBX Lite, which is integrated in its iMX.31 mobile application processor.
Under the terms of its licensing arrangements Imagination receives license fees and royalty revenues on SoCs incorporating Imagination’s IP shipped by its partners.