Semiconductor IP Companies on the move: Virage's Next eXPerience
October 19, 2009
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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