MIPS Sold to GPU Designer Imagination, Patents ‘Monetized’
Shares of MIPS Technologies (MIPS) are up 11 cents, or 2%, at $7.13 after the company this morning said it will be acquired for $7.31 per share by British graphics chip design firm Imagination Technologies (IMGUK), and will sell 498 of its 580 patents to Lambertville, New Jersey-based Allied Security Trust, which bills itself as [...]
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