Market Overview

CEVA Offers MIPS $90M for its Operating Business

Related CEVA
Chardan Is Buying CEVA, Low End Smartphone/LTE Upgrade Cycles In China & India Offer 'Tremendous Opportunity'
Barclays Cuts GoPro's Price Target To $25
CEVA's (CEVA) CEO Gideon Wertheizer on Q4 2015 Results - Earnings Call Transcript (Seeking Alpha)

CEVA (NASDAQ: CEVA) announced today that it submitted a further proposal to the Board of Directors of MIPS Technologies (NASDAQ: MIPS) 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.


See full press release

Posted-In: News Guidance Asset Sales Management M&A


Related Articles (CEVA + MIPS)

View Comments and Join the Discussion!

Get Benzinga's Newsletters