Imagination signs new deal with Apple

London, UK, January 2, 2020 – Imagination Technologies (“Imagination”) announces that it has entered into a new multi-year licensing agreement with Apple to replace a previous multi-year licensing agreement first announced on February 6, 2014. Under the new agreement, Apple can use Imagination’s broader intellectual property (IP) for licensing fees.

About Imagination

Imagination Technologies is a UK-based company that builds semiconductor and software intellectual property (IP) and gives its clients an edge in the competitive global technology market. The company’s graphics, computing, vision and artificial intelligence and connectivity technologies enable superior power, performance and area (PPA), robust security, fast time-to-market and lower total cost of ownership (TCO). Products based on Imagination IP are used by billions of people around the world in their mobile phones, cars, homes and workplaces. Imagination Technologies was acquired by global private equity fund Canyon Bridge in 2017.

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