The Week In Review: Design


M&A Imagination will sell its MIPS business to Tallwood, a California-based venture capital firm, for $65m in cash. The sale is expected to close in October. The rest of Imagination is slated to be sold to Canyon Bridge for £550 million in cash (~$740 million), a deal dependent on the MIPS sale. The Chinese-backed investment firm has featured recently in the news for its attempted purchas... » read more

The Week In Review: Manufacturing


Chipmakers The situation between Toshiba and its fab partner, Western Digital (WD), has gone from bad to worse. As reported, troubled Toshiba recently selected a group to buy its memory business. The consortium includes the Innovation Network Corp. of Japan, the Development Bank of Japan and Bain Capital. Rival SK Hynix is also part of the group. WD attempted but failed to buy the unit, an... » read more