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U.K. Microprocessor Firm, Imagination Technologies, Buys Chip Designer MIPS’ Operating Business, “Certain” Patents For Higher $80M Cash Offer

Monday, December 10, 2012 4:11
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Imagination Technologies has upped its previous offer to acquire chip designer MIPS Technologies’ operating business and a swathe of patents relating to the MIPS architecture, along with royalty-free licensing rights for other patents — from the $60m offered last month to $80m now. Its earlier bid hit a snag when rival semiconductor group CEVA tabled an “unsolicited” $75 million cash offer.

source: http://feedproxy.google.com/~r/Techcrunch/~3/7xOhDY0czW0/



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