Date: 13/12/2012

CEVA' bid better than Imagination, says MIPS

MIPS Technologies has compared the acquisition bids from both CEVA and Imagination Technologies. MIPS finds the new proposal from CEVA, Inc. to acquire MIPS is a "Superior Proposal" to the merger agreement with Imagination Technologies Group plc.

So now its for the Imagination Technologies to rise the bid to keep CEVA away. And CEVA will do the same thing. Between these two, is there a chance of another bidder for MIPS? can't be ruled out. What if MIPS, CEVA and Imagination merge together! They should ponder over it.