Semiconductor IP Companies on the move: Virage's Next eXPerience
In yet another accretive move, Virage Logic will take control of NXP’s CMOS IP business in exchange for 2.5M shares of VIRL stock, NXP will also pay Virage $60M over a 4 year period for IP and design services. The blogs I have seen on this transaction seem negative, or at a minimum confused. Same goes for the Virage ARC acquisition, which is official now, the ARC guys have already started the move to Fremont, CA.
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