Arm Leads $350m Swoop For Patent Portfolio Cambridge UK superchip designer ARM Holdings is leading a consortium of world-class technology companies in the $350 million acquisition of a massive patent portfolio owned by Nasdaq-quoted MIPS Technologies Inc.ARM is contributing almost half the deal price chipping in $167.5m to ringfence the IP warchest of 580 patents.CEO Warren East said the consortiums swoop would reduce the risk of expensive patent infringements in the ongoing development of embedded technology.ARM is s a leading member of the Bridge Crossing LLC consortium of major technology companies affiliated with Allied Security Trust. The MIPS IP battery includes patents and patent applications covering microprocessor design, system-on-chip design and other related technology fields.East said that,http://www.bluedesert.us/, when completed,Polo Ralph Lauren Outlet, the deal would support continued innovation in system-on-chip design, whilst removing any potential litigation risk presented by the MIPS patent portfolio with respect to the consortium members. The consortium will make licences to the patent portfolio available to companies not within the consortium.East said: ARM is a leading participant in this consortium which presents an opportunity for companies to neutralise any potential infringement risk from these patents in the further development of advanced embedded technology.Litigation is expensive and time-consuming and, in this case, a collective approach with other major industry players was the best way to remove that risk.The deal,Ralph Lauren Outlet, which is subject to MIPS shareholder approval and customary closing conditions, is expected to close in the first quarter of 2013.ARM's $167.5m share will be funded out of existing cash reserves, the company confirmed.