Imagination announces extension of MIPS collaboration agreement with Sequans

LONDON, UK – 21st June 2017 – Imagination Technologies (IMG.L) announced it has extended its agreement with Sequans Communications S.A. (NYSE: SQNS) for MIPS processor IP. Sequans has chosen MIPS CPUs to be at the heart of some of its LTE chip platforms that power a growing number of products shipping around the world including tablets, mobile routers, CPEs and more. Through this agreement, Sequans will develop future StreamrichLTE solutions based on MIPS.

MIPS CPUs are ideal for use in LTE, LTE Advanced, LTE Advanced Pro and 5G applications and are used widely in mobile broadband as well as IoT products deployed on global LTE networks. MIPS CPUs provide an ideal balance between performance and area/power consumption, while supporting a broad range of configurable features that enable a CPU core to be optimized for a specific application. For communications processing in LTE modems, where small size and power consumption are at a premium and latency and deterministic responsiveness are critical to system performance, MIPS CPUs can be tuned to optimize the characteristics for real-time embedded processing.

Bertrand Debray, COO, Sequans, says, “As device designers create new LTE devices, many of them are looking to Sequans’ pre-integrated, pre-tested, and pre-certified MIPS-based LTE platforms and modules to significantly reduce development risk and time. MIPS technology gives our solutions powerful processor capabilities and increased efficiencies.”

Steve Evans, VP of MIPS business development, Imagination Technologies, says, “LTE modems are a sweet spot for the MIPS architecture, where it can provide demonstrable benefits in terms of reduced power consumption and enhanced performance. We value our continuing relationship with Sequans. As it continues to roll out new generations of innovative and reliable LTE solutions, Sequans’ products are a great showcase for the advantages MIPS can provide.”

About MIPS Processors

The MIPS family of CPU IP is a comprehensive portfolio of low-power, high-efficiency 32/64-bit processor architectures and cores, ranging from the ultimate high-performance cores for high-end applications processors down to extremely small cores for deeply embedded microcontrollers. With a strong position in home entertainment, embedded, and networking products, MIPS CPUs power billions of products around the globe, and are supported by a broad ecosystem of commercial and open source software, operating systems and tools.

About Imagination Technologies Imagination is a global technology leader whose products touch the lives of billions of people across the globe. The company’s broad range of silicon IP (intellectual property) includes the key processing blocks needed to create the SoCs (Systems on Chips) that power all mobile, consumer and embedded electronics. Its unique multimedia, processor and connectivity technologies enable its customers to get to market quickly with complete and highly differentiated SoC platforms. Imagination’s licensees include many of the world’s leading semiconductor manufacturers, network operators and OEMs/ODMs who are creating some of the world’s most iconic products. See: www.imgtec.com.