Onkyo and Imagination collaborate on next-gen wireless audio systems and high quality audio

LONDON, UK: Imagination Technologies (IMG.L) and Onkyo, one of the world's foremost creators of innovative home entertainment products, have entered an agreement to collaborate on the next generation of wireless audio music streaming systems and the global expansion of High Quality Audio.

Munenori Otsuki, president and CEO, Onkyo, said: "In the last decade we have witnessed a massive increase in music consumption. Unfortunately, during this period, audio quality has been lost in the rush for convenience. The time has come to raise the bar back up. By working with Imagination and its partners, who are at the centre of this movement, we will aggressively expand wireless audio music streaming and High Quality Audio out of Japan to the rest of the world."

Onkyo launched Japan's most successful High Quality Audio download platform called e-onkyo music in 2005.

Hossein Yassaie, CEO, Imagination added: "We are delighted to be working with such a technically capable audio company as Onkyo. Imagination's Caskeid and FlowCloud technologies are crucial to enabling both the Streaming Music and High Quality Audio revolutions. Onkyo is a brand that can engineer and carry these products to market. I am certain the music listening experience is going to change through collaborations of this kind."