Imagination Technologies Group has reached a new major collaboration agreement with Intel which extends the licensing and deployment of its graphics and video IP cores for use with Intel’s PC, mobile computing and consumer architectures in certain segments. Imagination also announces an investment by Intel Capital, the venture capital arm of Intel. Arvind Sodhani, President of Intel Capital, says: "Intel Capital’s investment recognizes the importance of graphics, video, and display technologies for the PC, mobile computing and consumer markets. This investment together with the ongoing collaboration between Intel and Imagination will expand these capabilities bringing the benefits of enhanced graphics and video to customers around the world."

Source: IMGTec