MIPS (MIPS) announces shareholders will get a total consideration of $8.01/share in cash for the...

|About: MIPS Technologies, Inc. (MIPS)|By:, SA News Editor

MIPS (MIPS) announces shareholders will get a total consideration of $8.01/share in cash for the sale of the company's IP to a consortium led by ARM, and the company's CPU core business to Imagination Tech (IGNMF.PK). A shareholder meeting to approve the deals has been set for Feb. 6. MIPS closed today at $7.90.