Look out ARM, Intel, here comes MIPS - again

Imagination Technologies, best known for its PowerVR graphics-core designs used by a host of system-on-chip (SoC) purveyors from Apple to Intel, wants world+dog to know that it is dedicated to grabbing a hefty chunk of the compute-core market with its MIPS-based designs resulting from its acquisition of that venerable company, completed this February.

"We didn't acquire MIPS for the hell of it," Imagination CEO Hossein Yassaie told a gathering of reporters and analysts on Wednesday. "You know, a hundred million dollars is a quite lot of money for an IP company to spend on a business."

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