Us VC partners return Mips to Silicon Valley

MIPS, provider of the eponymous processor architecture and IP cores, is once again in Silicon Valley, following the acquisition of MIPS from Imagination Technologies by Tallwood Venture Capital and Paxion Capital Partners. Tallwood's managing director, Dado Banatao and Nicholas Brathwaite, founding partner of Riverwood Capital and WRV Capital, will represent Paxion on the board of directors.