Imagination Technologies
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| Public company | |
| Traded as | : |
| Industry | Technology |
| Founded | 1985 |
| Headquarters | Kings Langley, Hertfordshire, UK |
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Key people
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Bert Nordberg (Chairman) Andrew Heath (CEO) Guy Millward (CFO) |
| Revenue | £170.8 million (2014) |
| £0 million (2014) | |
| £0.8 million (2014) | |
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Number of employees
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1700 |
| Divisions | PowerVR, MIPS, Pure, Ensigma, IMGWorks, IMGSystems |
| Website | imgtec |
Imagination Technologies Group plc (: ) is a British-based technology R&D company, focussing on semiconductor and related intellectual property licensing. It is most noted for its PowerVR mobile graphics processors, MIPS embedded microprocessors and for its Pure consumer electronics division. It also supplies radio baseband processing, networking, DSP, video and audio hardware, VoIP software solutions, cloud hosting and silicon and system design services. The company is listed on the .
The Company was founded in 1985 as VideoLogic and originally focused on graphics, sound acceleration, home audio systems, video-capture and video-conferencing systems.
It was first listed on the in July 1994. The following year it entered into a licensing agreement over its PowerVR technology with NEC (now Renesas) who took a 2.29% stake in the Company for £1.6 million and acquired the rights to manufacture and sell the chip. On 2 December 1997, NEC subscribed 2.3 million (1.5%) new shares at a price of 56.5p, taking its total stake to 3.5%. In 1999, the Company refocused on intellectual property licensing generally and changed its name to Imagination Technologies.
Since the 1990s, VideoLogic has provided chips for digital television set-top boxes, and is a member of the Digital TV Group. During the late 1990s to 2000s, Sega utilized VideoLogic chips for the Dreamcast home video game console and several Sega arcade systems. Namco also utilized PowerVR chips for the Namco System 23 arcade system board in the late 1990s.
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Wikipedia