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MOUNTAIN VIEW, Calif., Dec. 11, 2012 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of silicon intellectual property (SIP) platform solutions and DSP cores for the mobile, portable and consumer electronic markets, announced today that it submitted a further proposal to the Board of Directors of MIPS Technologies, Inc. to acquire the operating business of MIPS for $90 million plus the payment on MIPS' behalf of the termination fee to Imagination Technologies Group plc pursuant to MIPS' existing merger agreement, as amended, with Imagination. |
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