MIPS Technologies Inc. (MIPS) has inked a multi-faceted patent and technology license agreement with Broadcom Corp. (BRCM). Broadcom has been granted a non-exclusive worldwide license for $26.5 million plus other consideration, under patents owned or licensable by MIPS, for making, having made, using, selling, offering for sale, and importing Broadcom products.
Further, Broadcom has been granted a multi-year license extension to its current MIPS architecture and core licenses for MIPS-Based products, plus other consideration. MIPS Technologies has filed an 8K about the deal with the Securities and Exchange Commission.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.