U.K. Microprocessor Firm Ups Offer For U.S. Chip Designer MIPS: $100M Cash For MIPS? Operating Business, ?Certain? Patents

U.K. microprocessor firm Imagination Technologies will be hoping it's third time lucky in its bid to acquire the operating business and "certain" patents from U.S. chip designer MIPS Technologies. The company has upped its offer to $100m, from the $80m offered earlier this month, after rival semiconductor group CEVA also again increased its offer to $90m.

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