Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Intel-Micron 3D NAND To Have 32 Layers, 256Gb Per Die
Intel To Release Chromecast-like Thumb-sized PCs
Google Contributor Lets You Pay And And See No Ads In Your Favorite Sites
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > General Computing > Imagina...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, December 20, 2012
Imagination Expected To Win MIPS Bid


Ceva Inc. has announced that it will not rebid against Imagination Technologies Group plc for processor IP company MIPS Technologies Inc.

Ceva announced today that it would not submit any further proposal to acquire the operating business of MIPS Technologies, Inc.

Imagination started the process in early November with a bid of $60 million to buy MIPS's operating business and certain patents while ARM would lead a consortium called Bridge Crossing that would acquire rights to the major part of the MIPS portfolio of patents as a form of legal protection. Bridge Crossing is set to pay $350 million in cash to purchase the rights to the MIPS portfolio, of which ARM will contribute $167.5 million.

Ceva bid twice against forcing Imagination to rebid up to a level of $100 million.

Gideon Wertheizer, CEO of CEVA, commented: "While CEVA's Board of Directors and management believed there was strategic merit in the combination of CEVA with MIPS, further increasing the purchase price would not meet our financial objectives. We believe it is in the best interests of our shareholders that our available cash be reserved for other potential opportunities in the future. As part of our corporate business strategy, we will continue to seek and evaluate complementary technologies and businesses that will meet our strategic and financial objectives."


Previous
Next
Samsung To Face EU's Antitrust Charges        All News        Nokia Rumored To Develop Windows RT Tablet
Samsung To Face EU's Antitrust Charges     General Computing News      ARRIS To Buy Google's Motorola Home Business For $2.35 Billion

Get RSS feed Easy Print E-Mail this Message

Related News
New Scalable PowerVR Series7 GPUs Target Wearables, Servers
Imagination Introduces Tiny Android GPU
Imagination Debuts New MIPS-based Platform For Wearables
New PowerVR Wizard GPU Family Supports Ray Tracing
China's Allwinner Develops UltraOcta A80 processor
Imagination releases First IP core Based on PowerVR Raptor Architecture
Imagination Takes On ARM With First MIPS CPU Core
TSMC And Imagination To Optimise 16nm FinFET Design Flows
MediaTek Extends Its Licensing Partnership With Imagination Technologies
Imagination Futher Raises Bid For MIPS
Imagination Raises Bid for MIPS
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 1998-2014 - All rights reserved -
Privacy policy - Contact Us .