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Battle for MIPS

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British chip designer Imagination Technologies on Monday agreed to buy MIPS for USD 100 million after it outbid Ceva Inc for a second time.Imagination and Ceva have been battling to buy the operating business of MIPS since last month.Starting off, Imagination offered USD 60 million – with both companies seesawing in a bidding war to Imagination now offering USD 100 million.


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