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The joint acquisition of MIPS assets and patents by ARM, Imagination, etc. has been officially announced by the three parties, but not everyone feels that this is the final result. Little-known chip developer Ceva proposed a $75 million acquisition offer to the MIPS board, which is a quarter more than Imagination's $60 million.
However, Ceva wants only MIPS's asset business, core patents, and another nearly 500 stripped patents will still be sold to the ARM-led Alliance Bridge Crossing for $350 million.
Since some people have "high prices," MIPS's board naturally will not sit back and is currently evaluating the new offer. Although no decision has been made yet, and shareholders and Imagination are still advised to trade in consideration for respect, the MIPS board is still optimistic about higher quotations and has already begun contact with Ceve for negotiations.
As a result, Imagination is a little dangerous and you can raise your prices. Guess again, maybe this little-known Ceva is the child care that MIPS has found...
