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Analog/digital marriage ends; MIPS/Chipidea not a good idea
Junko Yoshida, EE Times
(05/08/2009 12:30 PM EDT)
MANHASSET, NY — Talk about a short marriage.
MIPS Technologies Inc., which in August 2007 bought Chipidea, a Portuguese analog and mixed-signal IP company, announced Friday (May 8) that it has now divested its analog business group to Synopsys Inc. in an all-cash transaction for $22 million, effective immediately.
The marriage lasted only 18 months.
John Bourgoin, MIPS Technologies president and CEO, still stands by his original wisdom. Acquiring the analog IP vendor was a "strategic move." During a conference call, he said that the acquisition was intended to "expand our offerings to our customers more parts of SoCs that are difficult to do."
OK, so what went wrong?
(05/08/2009 12:30 PM EDT)
MANHASSET, NY — Talk about a short marriage.
MIPS Technologies Inc., which in August 2007 bought Chipidea, a Portuguese analog and mixed-signal IP company, announced Friday (May 8) that it has now divested its analog business group to Synopsys Inc. in an all-cash transaction for $22 million, effective immediately.
The marriage lasted only 18 months.
John Bourgoin, MIPS Technologies president and CEO, still stands by his original wisdom. Acquiring the analog IP vendor was a "strategic move." During a conference call, he said that the acquisition was intended to "expand our offerings to our customers more parts of SoCs that are difficult to do."
OK, so what went wrong?
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