November 6, 2012 / 7:16 AM / 5 years ago

BRIEF-Imagination Tech buys op business of MIPS Technologies

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LONDON, Nov 6 (Reuters) - Imagination Technologies Group PLC : * Tech.plc - acquisition * Imagination buys mips technologies inc * For a cash consideration of US$60 million * Buys operating business,82 key patent properties and license rights for 498

mips' patent properties * Confident the acquisition will accelerate our growth in the substantial cpu

ip market across many segments

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