MIPS has resumed trading following news of CEVA's offer for its CPU core licensing business, and...

|About: MIPS Technologies, Inc. (MIPS)|By:, SA News Editor
MIPS has resumed trading following news of CEVA's offer for its CPU core licensing business, and is currently up 5% AH. That translates into nearly a $20M increase in market cap even though the difference between CEVA and Imagination's (IGNMF.PK) offers is only $15M. The Street seems to think a bidding war is on the way.