The fabless semiconductor maker, Imagination Technologies, has been providing Apple’s iPad and iPhone with its graphics and video hardware since 2007. On Thursday, the UK-based company announced extending its licensing agreement with Apple, giving the iPhone maker multi-year access to Imagination’s current and future PowerVR-branded graphics and video GPU blueprints.
The financial terms of the deal were not disclosed. Both Apple and Intel are investors in Imagination, with the former holding a ten percent ownership stake in the company…(...)
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