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Business | April 13, 2012

MIPS up for sale?

Rumours have it that MIPS has hired Goldman Sachs for a potential sale.
MIPS Technologies Inc. (MIPS) is rumoured to be looking for a buyer, writes Bloomberg - citing people with knowledge of the decision. UK-based ARM - and main competitor - is unlikely to bid, the article continued.

Suji De Silva, an analyst at ThinkEquity LLC stated that Broadcom and Qualcomm could be potential bidders.

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