MIPS (MIPS) DEFA14A Additional proxy soliciting materials

Exhibit 99.3

www.imgtec.com

6th November, 2012

Announcement by Imagination
of Intention to Purchase

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Transaction highlights

§Imagination intends to acquire US-listed MIPS
for $60 million in cash

§Imagination’s purchase includes:

§the operating business of MIPS

§ownership of 82 key patent properties directly relevant to the MIPS architecture

§royalty-free, perpetual licence granted to Imagination in respect of all of the
remaining 498 Divested Patent Properties being sold to Bridge Crossing LLC
for $350 million

§Anticipated to be accretive to Imagination's earnings in FY2014

§Financed from existing cash resources

§Expected to close in Q1 CY2013

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Strategic rationale (1)

§Strengthens Imagination’s presence in the substantial &
growing CPU IP segment

§In both established and new markets

§Brings together 2 of the world’s top 5 semiconductor
design IP vendors

§Combines complementary CPU technology, resources, expertise &
market presence to deliver substantially enhanced scale

§Combined business to create a new industry-leading force
in CPU development and licensing

§delivers benefits to both companies’ customers & partners

§generates significant new business & revenue opportunities

§Strengthens Imagination’s position & opportunities

§mobile, TV/set-top-box, consumer & other embedded markets

§Increases Imagination’s penetration into networking, infrastructure &
other markets where MIPS has enjoyed significant success

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Strategic rationale (2)

§MIPS is one of the small number of CPU architectures directly
supported by the Android OS

§Adds highly respected RISC-based 32-bit and 64-bit CPU
applications processor architectures that complement
Imagination’s existing Meta 32-bit embedded CPU IP family

§the architectures have similar philosophies in several key areas
including hardware multi-threading

§Adds a well-established ecosystem of customers, developers,
operating systems & tool providers

§all will benefit from the strengthened position and broader IP offering that
the newly combined business has to offer

§Strengthens Imagination’s patent portfolio

§with the addition of 82 specific patent properties and license rights to all
the remaining 498 MIPS patent properties

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Imagination company overview

§Leading silicon, software & cloud IP supplier

§Graphics/video, comms, processor, cloud technologies

§Licensing and royalty business model

§Ranked #3 in the world by Gartner

§Licensed to many top 20 semis & OEMs

§Servicing high volume, high growth markets

§Shipped by most major consumer brands

§Smartphones, tablets, low-power PC’s

§TVs/STBs, games consoles, Connected/broadcast audio devices

§Automotive dashboards, navigation

§Strategic product division: Pure

§Digital radio, internet connected audio, home automation

§IP business pathfinder, market maker/driver

§Established technology powerhouse

§Founded 1985; London FTSE250 (IMG.L)

§Employees: 1,200+

§UK HQ; operations world-wide

§Global customer base

Technology Division:
Solution Centric IP

Software

Cloud

Graphics

GPU Compute
Video
Display

Processor

Enabling

Systems

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Delivering all the world’s standards:

Imagination’s technologies and markets

SoC Technologies

Comms:
TV

Radio

Mobile TV

Wi-Fi

Bluetooth

CPU OS:

Linux

Android

MeOS

Graphics & GPU:

OpenGL ES

OpenCL EP

OpenGL

OpenCL

OpenVG

DirectX 9/10/11

OpenRL

Display:

De-interlace

Frame Rate
Conversion

Noise reduction

Video:

H264

MPEG4

MPEG2

VC1

AVS

VP6/8

SoC

PowerVR

Video

PowerVR

Display

Customer & 3rd Party IP

PowerVR

Graphics

IMGworks CustomisedIP

Embedded
Processing

Meta

EnsigmaCommunications

Mobile
Phone

Handheld
Multimedia

Home
Electronics

Mobile
Computing

Automotive

Emerging
Markets

DSP/Real Time:

Audio

SW Stacks

DSP

Real Time

V.VoIP

VoLTE

I/O

Audio

Screens

Video & graphics

Caustic
Professional

Ray Tracing Solutions

HelloSoft

VoLTE & V.VoIP

Flow

Cloud Connectivity

Solutions

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Imagination’s key licensees and OEM partners

Semiconductor Licensees

Key OEM Partners

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Imagination’s key technology partnerships

Many partners including:

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MIPS highlights

§Pioneered modern 32-bit & 64-bit RISC CPU architectures

§Customers shipped over 700 million royalty earning units in
financial year ended 30 June 2012

§56 royalty-paying licensees in financial year ended 30 June
2012

§MIPS CPU intellectual property core licensing business
generated c.US$60.0 million in revenue in its financial year
ended 30 June 2012

§MIPS has recently launched new Aptiv™ Generation of cores;
high-performance proAptiv core achieves industry leading
performance and area metrics

§One of only three architectures fully supported by Google in
Android source tree and software/native development kits

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MIPS company overview

§A leading provider of industry-standard
processor architectures and cores

§a leading position in the digital home

§strong in wired and wireless networking

§growing position in embedded market

§expanding into mobile, with millions of units
of smartphones & tablets already shipping

§IP business model— licensing + royalties

§Licensees include: Broadcom, Cavium,
Loongson, Ingenic, Microchip, MStar,
MediaTek, Sony, Toshiba, & many others

§Headquartered in Sunnyvale, CA

§approx. 160 employees

§>50% of staff in R&D

Business Overview

Business Overview

Annual Unit Shipments

Annual Unit Shipments

>3.6 billion unit installed base since 2000;
708 million units shipped in FY12

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MIPS markets and partners

Significant
market share in:

Digital TV

Cable, Satellite &
IPTV
Set-top Boxes

Blu-ray Players

Broadband CPE

Wi-Fi Access
Points and
Routers

Leading position in home entertainment
Strong in networking
Aggressively expanding into mobile and embedded

Rapidly growing strength in Android-based platforms

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Delivering choice for the IP user community

§Imagination strongly believes that the selection of each major IP block
for SoCs is a key and complex strategic decision of its customers

§Imagination customers have received, and will continue to receive, the
fullest support possible when they use Imagination IP alongside CPU IP,
or other IP cores, developed internally or licenced from other suppliers

§Any customer wishing to use Imagination’s CPUs (including MIPS’ CPU),
GPUs (graphics processors), VPUs (video processors) or RPUs (radio
processors) with IP cores from IP sources other than Imagination will be
fully supported by Imagination without compromise

§This customer-centric and supportive IP business philosophyhas
always been central to Imagination’s business model

§valued by Imagination’s partners

§a major factor in our widespread market penetration

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Summary

§Imagination intends to acquire MIPS and integrate with its
existing CPU IP activities

§Scale & accelerate Imagination’s plans in the substantial and
growing CPU IP market

§The integrated business aims to create a new industry-leading
force in CPU development and licensing

§Expands markets, customers and ecosystems

§Significant additional revenue opportunities

Giving the industry
a real alternative choice
in CPU IP

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Imagination’s CEO says:

"MIPS is the company that pioneered the RISC CPU
architecture and created an iconic and widely
respected technology. I am absolutely delighted to
welcome MIPS and its team to the Imagination family.

“I believe that the combination of our existing Meta
CPU technologies and activities with MIPS’
capabilities will help us to create a new force to be
reckoned with in the CPU IP market. I am confident
the acquisition will accelerate our growth in the
substantial CPU IP market across many segments.

“We have been working closely with MIPS for several
years now and have a number of mutual customers
and partners. I believe that this transaction will be
welcomed by both companies’ customers and the
electronics industry at large.”

Hossein Yassaie
CEO

Imagination Technologies

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MIPS’ CEO says:

§“The synergy between Imagination and MIPS makes
the proposed transaction a notable step forward, not
only for the two companies, but for the whole
electronics industry.

§“It was key for us that our customers and partners
were assured of a strong, long term future for MIPS’
architecture, cores and other technologies, and thanks
to this agreement we are confident we have found the
ideal partner to take that forward.

§“The industry needs semiconductor IP companies with
a breadth of respected processor architectures for all
SoC processing requirements. This acquisition is a
strong and welcome step in addressing such needs.”

Sandeep Vij
CEO

MIPS Technologies

www.imgtec.com

6th November, 2012

Announcement by Imagination
of Intention to Purchase