Wunderlich Says CEVA Could Potentially Bid $115M for MIPS' Operating Unit
December 11, 2012 at 13:52 PM EST
Wunderlich's Matthew Robison issued a research note this morning in response to CEVA's (NASDAQ: CEVA ) $90 million offer for MIPS Technologies (NASDAQ: MIPS ). Robison believes CEVA could potentially bid up to $115 million for MIPS' operating unit. The Wunderlich analyst noted this would give $110 million