CEVA Offers MIPS $90M for its Operating Business

CEVA

announced today that it submitted a further proposal to the Board of Directors of MIPS Technologies

acquire the operating business of MIPS for $90 million plus the payment on MIPS' behalf of the termination fee to Imagination Technologies Group plc pursuant to MIPS' existing merger agreement, as amended, with Imagination. (Logo: http://photos.prnewswire.com/prnh/20120808/SF53702LOGO)