Imagination Technologies, a British-based mobile graphics provider, will buy MIPS, a Sunnyvale, California-headquartered semiconductor design company. The transaction, apparently worth a cool $60 million in cash, is expected to close in the first quarter of 2013. It reportedly includes 82 patents related to the MIPS processor architecture.
This development is interesting knowing that both Apple and Intel have ownership stakes in Imagination, whose PowerVR graphics technology powers Apple’s mobile chips used inside iPhones, iPads and iPods…... Read the rest of this post here
"Apple’s mobile graphics provider Imagination is buying MIPS" is an article by iDownloadBlog.com.
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