London, UK: Imagination Technologies [LSE:IMG], a leader in system-on-chip intellectual property (SoC IP), today announces a licensing agreement with SEGA CORPORATION [TSE:7964] for the development of next generation arcade systems based on new high-end PowerVR graphics technology.
SEGA, the leader in the arcade market, will use a new high-performance PowerVR graphics processor as the basis of its future arcade systems. SEGA may also supply system boards based on this processor to other leading amusement game companies.
Imagination will receive license fee and royalty revenue from this partnership.
SEGA previously utilised PowerVR technology as the basis of its Naomi and Naomi2 arcade platforms, which were employed not only by SEGA but also by many of the other leading amusement game companies.