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News Breaks | | | | August 31, 2012 | | 06:31 EDT |  | MIPS | MIPS Technologies assets likely to be broken up and sold, says Benchmark Co.
After meeting with management and the company's licensees, Benchmark Co. continues to believe MIPS Technologies' assets will be broken up and sold within the next four months. The firm sees the most likely scenario as being a sale of MIPS' patents along with a sale of its design IP business to a strategic buyer. Benchmark Co. keeps a Buy rating on MIPS with a $10 price target. | |
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