diff --git a/recipes-bsp/ipumm-fw/ipumm-fw_3.00.06.00.bb b/recipes-bsp/ipumm-fw/ipumm-fw_3.00.07.02.bb
similarity index 80%
rename from recipes-bsp/ipumm-fw/ipumm-fw_3.00.06.00.bb
rename to recipes-bsp/ipumm-fw/ipumm-fw_3.00.07.02.bb
index 1cf24cc2..5b85f83b 100644
--- a/recipes-bsp/ipumm-fw/ipumm-fw_3.00.06.00.bb
+++ b/recipes-bsp/ipumm-fw/ipumm-fw_3.00.07.02.bb
@@ -9,19 +9,19 @@ python __anonymous() {
 DESCRIPTION = "Firmware for IPU for supporting Accelerated MM decode and encode"
 LICENSE = "TI-TSPA"
 
-LIC_FILES_CHKSUM_dra7xx = "file://MMIP-${PV}-Manifest.doc;md5=8206ccaf28c2932afb5afd9c9575287c"
+LIC_FILES_CHKSUM_dra7xx = "file://MMIP-${PV}-Manifest.doc;md5=caa45d993ac010abe2fd319f6613bc26"
 LIC_FILES_CHKSUM_omap5-evm = "file://MMIP-${PV}-Manifest.doc;md5=39a593dd8fc2a9654c74f679ed329c45"
 
 COMPATIBLE_MACHINE = "dra7xx|omap5-evm"
 PACKAGE_ARCH = "${MACHINE_ARCH}"
 
-SRC_URI_dra7xx = "http://downloads.ti.com/dsps/dsps_public_sw/glsdk/ipumm/3_00_06_00/exports/ipumm-dra7xx-evm-3.00.06.00.tar.gz;protocol=ftp;name=dra7xx-evm"
+SRC_URI_dra7xx = "http://downloads.ti.com/dsps/dsps_public_sw/glsdk/ipumm/3_00_07_02/exports/ipumm-dra7xx-evm-3.00.07.02.tar.gz;protocol=ftp;name=dra7xx-evm"
 
 SRC_URI_omap5-evm  = "http://downloads.ti.com/dsps/dsps_public_sw/glsdk/ipumm/3_00_04_02/exports/ipumm-${MACHINE}-3.00.04.02.tar.gz;protocol=http;name=${MACHINE}"
 
 # DRA7xx checksums
-SRC_URI[dra7xx-evm.md5sum] = "8e1ae40eb10d631318d001463fa11d79"
-SRC_URI[dra7xx-evm.sha256sum] = "30c275146c34d11dbc2dfd568f0bbc3098a13cd981eee8a7a9766cb07d2f1ca5"
+SRC_URI[dra7xx-evm.md5sum] = "06aaf4f144d48ca16054e67e40cc7bc3"
+SRC_URI[dra7xx-evm.sha256sum] = "0f07176e313a692a05fa6bfe9f7920b677b0924287121945c6e22b3f4408670c"
 
 # OMAP5 checksums
 SRC_URI[omap5-evm.md5sum] = "1572073ebd4f6d127c4e8cf47d270b6a"
@@ -40,4 +40,4 @@ do_install() {
 
 FILES_${PN} += "${base_libdir}/firmware/${TARGET}"
 
-PR = "r1"
+PR = "r2"