Sunday, August 02, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Sees Growth Beyond The Desktop With Windows 10
Yahoo Gets Fashionable With Acquisition Of Polyvore
NVIDIA Recalls SHIELD Tablets Due To Battery Issues
Firefox Attacks Microsoft Over Default Browser in Windows 10
Sharp to Exit Americas TV Market
Researchers Showcase Javascript-based Attack On a Computer's DRAM
Hackers Used Twitter hashtags To Extract Data From Compromised Networks
Facebook Unveils New Security Checkup Tool
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Imagina...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, December 10, 2012
Imagination Raises Bid for MIPS


Imagination Technologies Group has signed a revised agreement to acquire the operating business and certain patent properties, as well as license rights to all of the remaining patent properties, of MIPS Technologies, Inc. for a cash consideration of US$80 million.

The revised offer has been made in response to an offer made to MIPS by CEVA, Inc., to acquire the same assets.

Imagination originally bid $60 million to buy MIPS's operating business and certain patents while ARM Holdings would lead a consortium called Bridge Crossing that would acquire rights to major part of the MIPS portfolio of patents.

California-based Ceva Inc. then offered $75 million for the operating business of MIPS on a similar basis to the Imagination bid.

MIPS is a provider of CPU (central processing unit) processor architectures and cores. In the 12 months to 30 June 2012 the MIPS processor licensing business generated c.US$60 million in revenue and a loss before tax of c.US$9 million. MIPS' licensing business had gross assets of c.US$20 million at 30 September 2012.

Imagination Technologies says that if the conditions to which the acquisition of MIPS is subject (including the approval of MIPS' shareholders) are satisfied, then the transaction is still expected to complete during Q1 CY2013.


Previous
Next
Pace Approaches Google Over Motorola Home Business        All News        Service Outage Hit Google's GMail
Pace Approaches Google Over Motorola Home Business     General Computing News      Service Outage Hit Google's GMail

Get RSS feed Easy Print E-Mail this Message

Related News
Imagination's OmniShield Enables Security For Mobile, Automotive or IoT
Imagination Upgrades Creator CI20 micro-computer
Imagination Technologies Seeks Academia's Attention With MIPSfpga Program
Imagination Aims At Wearables and IoT With New Ensigma Whisper Cores
Imagination Tech Brings MIPS Processors To Tablets
New PowerVR G6020 And PowerVR Series5 Video Encoders Targets IoT And Mobile Devices
New Scalable PowerVR Series7 GPUs Target Wearables, Servers
New PowerVR Wizard GPU Family Supports Ray Tracing
China's Allwinner Develops UltraOcta A80 processor
Imagination Takes On ARM With First MIPS CPU Core
MediaTek Extends Its Licensing Partnership With Imagination Technologies
Imagination Under Pressure As CEVA Also Bids For MIPS

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .