Imagination Technologies Group plc (IMG.L) announced it has signed a license agreement with Cavium Inc. (CAVM) for the 5 MIPS architecture. Imagination will receive license fees and royalty revenues on shipment of SoCs incorporating Imagination's IP. Cavium will feature the MIPSr5 technologies, including hardware virtualization, in all members of its ultra-high-performance 1 - 48 core OCTEON III family of products.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.