logo
Share SHARE
FONT-SIZE Plus   Neg

CEVA To Acquire MIPS' Operating Business For $90 Mln - Quick Facts

CEVA, Inc. (CEVA: Quote,CVA.L) Tuesday said it has submitted a further proposal to the Board of Directors of MIPS Technologies, Inc. (MIPS), to acquire the operating business of MIPS for $90 million.

MIPS will also receive payments on behalf of the termination fee to Imagination Technologies Group Plc, pursuant to MIPS' existing merger agreement, as amended, with Imagination.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A remarkable increase in smartphone adoption has more Americans depending on their mobile devices to access the internet. The last moments of the doomed Germanwings plane, that was deliberately hit to the Alps, was recorded in a mobile phone, German newspaper Bild and French Magazine Paris Match reported. The video is presumed to be taken from the cabin, using a mobile device. The investigators recovered the memory card from the crash site, though the mobile was destroyed completely. However, there is no official con US Steel Corp. (X) Tuesday said it will "adjust operations" and temporarily idle a part of its Minntac plant in Mt. Iron, Minnesota, effective June 1. According to reports, the move would see about 700 employees laid off. The company said the decision was due to its current inventory levels and ongoing...
comments powered by Disqus
RELATED NEWS
Trade CEVA now with 
Follow RTT