Report: MIPS up for sale
April 13, 2012 // Peter Clarke
Processor and related intellectual property licensor MIPS Technologies Inc., a pioneer of the reduced instruction set computing (RISC) style of architecture, is looking for a buyer according to a Bloomberg report that referenced unnamed sources.
MIPS (Sunnyvale, Calif.), which rivaled fellow processor IP licensor ARM Holdings plc (Cambridge, England) at one time but has struggled over recent years, has hired Goldman Sachs Group Inc. to identify and negotiate with potential acquirers of the company, the report said. The company's stock, which is traded on NASDAQ, jumped in price by more than 25 percent to close at $6.58 on Thursday (April 12).
MIPS, which originally stood for Microprocessor without Interlocked Pipeline Stages, was founded by computer scientist John Hennessey of Stanford University and enjoyed success in the 1990s licensing 32-bit and 64-bit cores to developers of computers and set-top boxes and its architecture has also enjoyed success in networking applications.
The company has built up a long list of licensors – including Broadcom, Cavium, Cisco Systems, LSI, Microchip and Toshiba – but has not enjoyed much success in the mobile phone and mobile computing markets of the last decade. The company was also been quite successful in capturing licensees in China but despite efforts to address mobile devices with Android initiatives MIPS has not made much headway in the hot markets of smartphones or tablet computers.
MIPS made a net loss of $449,000 on total revenues of $32.5 million in the six months ended on Dec. 31, 2011. This compares with a profit of $13.5 million on total revenues of $44.4 million in the same period a year before. In January MIPS CEO Sandeep Vij told analysts that the company was looking at ways of monetizing its patent portfolio.
Harman: How the Connected Car shapes future infotainment systems
March 05, 2015
With the Connected Car becoming reality, the infotainment landscape in the vehicles will undergo massive changes. At the ...
Sensors for wearable electronics on 40% CAGR
Fan-out wafer level packaging fills gap to 3D, says Yole
Samsung acquires YESCO to strengthen LED display expertise
Lower the cost of solar cells - just add water
Sony switches to OLEDs to upgrade VR helmet
March 04, 2015
Sony has turned to OLED technology to upgrade the company's Morpheus virtual reality helmet to make PlayStation 4 gameplay ...
Tower makes IR sensor for Intel RealSense
Polymer blend improves solar cell efficiency by 200 percent
Stress tracker tames drivers
- High Performance Portable DC Bench Power Supply: Save Money and Free Up Bench Real Estate by Building Your Own
- Software-Defined Radio Handbook
- A Four-Quadrant DC/DC Switching Regulator Smoothly Transitions from Positive to Negative Output Voltages for FPGA and Other Applications
- LED Driver with Integrated Spread Spectrum Reduces EMI without Adding Flicker
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
To ensure you have a good start in 2015, Freescale is giving away five of its QorIQ TWR-LS1021A Tower system modules, worth USD269 each, for EETimes Europe's readers to win.
The module is the most feature-rich and high-performance Tower system offered by Freescale, enabling compatibility and interoperability with the growing list of Tower expansion modules, offering an easily accessible...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.