Plessey Semiconductors has agreed to a product licensing agreement with Intel Corporation and a sharewarrant agreement with Intel Capital where Plessey will be licensed to manufacture, sell and support a select number of products in Intel's digital tuner portfolio. The warrant agreement gives Intel an unspecified number of shares in Plessey's holding company.
 
Plessey MD, Michael LeGoff (left) was "delighted to have concluded the licensing and warrant agreements with Intel and Intel Capital and we look forward to working closely with them as Plessey continues to grow its international presence."
 
Marc Alexander, director - Technology Licensing - Intel Capital (above right) added, "This is the start of what we hope will become a long term relationship and a great collaboration between Intel Labs Europe team, Intel's Technology Manufacturing Group, Intel Capital and Plessey to support these licensed products and to provide world class service to the existing Intel customers using Plessey's capabilities."

Plessey recently won the NMI R&D Achievement award, the IET award for Measurement in Action, and its EPIC Sensor technology was identified in EDN magazine's HOT 100 Products for 2011 and named product of the year by Electronic Products magazine.