Industry Expert Blogs

We have seen in a previous post that Imagination Technologies has proposed to buy MIPS, in fact “MIPS operating business and certain patent properties, as well as license rights to all of the remaining patent properties”. Translated into understandable language Imagination has offered $60M for MIPS Processor IP core portfolio, plus the patents considered as essential to protect the portfolio, a couple of weeks ago. ARM did not participate to this bid, but the company is leading “Bridge Crossing LLC, a consortium of major technology companies affiliated with Allied Security Trust, which has entered into an agreement with MIPS to obtain rights to its patent portfolio. The MIPS patent portfolio includes 580 patents and patent applications covering microprocessor design, system-on-chip design and other related technology fields. The consortium will pay $350 million in cash to acquire rights to the portfolio, of which ARM will contribute $167.5 million.”

Click here to read more ...