Friday, October 09, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Removes Apps From Online Store
PC Shipments Kept Falling In 3Q
Apple Says Battery Tests For iPhone 6s Lineup May Be Misleading
Qualcomm Showcases 24-core Server Chip
AT&T Customers Allowed To Make Calls Over Wi-Fi
Amazon Launches App Developing Platform For IoT
18.4-inch Samsung Galaxy View Tablet Passes FCC Certification
Facebook to Test Emoji Icons
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

Wednesday, November 21, 2012
Imagination Under Pressure As CEVA Also Bids For MIPS

MIPS Technologies on Tuesday announced thatit has received an unsolicited proposal from CEVA, Inc. to acquire all of the outstanding MIPS shares, adding pressure to British microprocessing firm Imagination Technologies, which has been also pursuing buying MIPS Technologies.

MIPS said it received a $75 million (U.S.) in cash from mobile chip designer CEVA for all of the outstanding MIPS shares.

Earlier this month, Imagination Technologies had proposed to acquire the outstanding MIPS shares for $60 million (U.S.) in cash.

MIPS said that its Board of Directors is evaluating CEVA's proposal and has not made a determination as to whether the proposal is superior to MIPS Technologies' pending transaction with Imagination Technologies. However, the MIPS Technologies Board of Directors believes the CEVA proposal could reasonably be expected to lead to a superior transaction, so it has determined to engage in discussions with CEVA.

"Imagination is monitoring the situation and will provide a further update in due course," the British company said in its statement.

The company added that the MIPS board continues to recommend its offer.

Imagination is looking to buy the MIPS business to gain patents and step up its challenge to an increasingly dominant ARM Holdings.

MIPS technology is found in blu-ray players, digital televisions and video games consoles such as the Sony PlayStation 2.

Lenovo To Become China's Top Smartphone Vendor        All News        Imation Shipping LTO 6 Ultrium Tape Cartridges
Jury Convicts Man Over AT&T-iPad Hacking     General Computing News      Latest Firefox Integrates Facebook

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 Raises Bid 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 .