The EU Commission has awarded a grant of 2.8 million Euros to a consortium of four technology companies and two universities, as a means of developing the next generation of hardware for future games consoles.
The European games consortium is made up of Edinburgh-based Codeplay, Cambridge-based Geomerics, AI company AiGameDev.com, and Think Silicon, a Greek company.
Two European universities, Germany's TU-Berlin and Sweden's Uppsala University, are also part of the group.
The newly funded project will run over the next three years, and aims to enable the next generation of video game consoles and gaming mobile devices, by producing research that will help develop better graphics processors.
In particular, the groups will be looking to achieve power and bandwidth reductions for software, produce more power-efficient GPUs, and push the development of future parallel processors forward.
Andrew Richards, CEO at Codeplay, explained, "We are delighted the EU has recognised the need to invest in the future of consumer technology."
"This project will have real tangible, practical benefits and our ambition is that it will allow Europe to take the lead in the development of the next generation of low power high performance mobile and videogame graphics technology."