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Imagination Technology Buys MIPS 56

New submitter HalWasRight writes "After years of struggle, MIPS Technologies — the original RISC processor company — is being sold to Imagination Technologies, best known for its popular mobile GPUs. Part of the deal included MIPS divesting much of its non-processor related patents to a group that includes ARM. This deal could change the landscape in the battle for mobile sockets." MIPS press release, Imagination press release.
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Imagination Technology Buys MIPS

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Marvelous! The super-user's going to boot me! What a finely tuned response to the situation!