Imagination Technologies today announced that Intel the world's largest chip maker, has licensed Imagination Technologies' PowerVR MBX graphics / video core for incorporation into Intel Integrated Circuits ("ICs"). Under the terms of the agreement, Imagination Technologies receives licence and development income and will receive royalty revenues when Intel ship products incorporating the PowerVR MBX Core. The scalability and unique architecture of PowerVR make it an ideal technology to effectively address diverse applications. The PowerVR MBX core is very compact and efficient and its redundancy elimination results in very low power consumption and minimises external memory bandwidth. As a result it is ideally suited to cost and power sensitive consumer, mobile and handheld devices. It can operate via a single memory interface for both CPU and graphics, which is critical in SoC systems, while delivering high performance and image quality and an advanced feature set. Source: Imagination Technologies