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December 10, 2012 01:14 pm GMT
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.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7xOhDY0czW0/
U.K. Microprocessor Firm, Imagination Technologies, Buys Chip Designer MIPS Operating Business, Certain Patents For Higher $80M Cash Offer
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.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7xOhDY0czW0/
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