Imagination Technologies IMGworks sells unit
The British company Sondrel established in 2002 and covers the design of microchips, this week announced the signing of an agreement with Imagination Technologies. Under the agreement, Sondrel will buy a division of Imagination Technologies, which is called IMGworks. Unit IMGworks specializiruetsya on the SoC design and services integration software.
According to Sondrel, the purchase will strengthen its own unit Design and Verification, formed in 2015 and focused on solutions for image processing. This statement is based on that experts IMGworks have rich experience in this field and in the design of the GPU and video processors.
The transaction amount was not disclosed.
Earlier became known that Imagination Technologies will sell part of business to save the company after the rupture of relations with Apple. Then it was about the Enigma division, which deals with the licensing of intellectual property related to the Internet of things, and also the division associated with solutions on the MIPS architecture.