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.
NXP extends NFC ecosystem to the car
October 30, 2014
NFC (Near Field Communication) is a technology for contactless payment solutions, right? Yes, but the range of potential ...
Japan's MegaChips to buy MEMS maker SiTime
Freescale CEO: 'IoT isn't just buzz'
3D prints world's best inverter
Research project significantly improves electronics reliability
Netscout Acquires Communications Businesses From Danaher
October 29, 2014
Acquisitions let companies accelerate growth by increasing global footprint, product lines, and revenues. Lately, more and ...
"Quality happens at the system level, not just at the product level"
Some memories never die
Johnson Matthey snaps up Clariant energy storage business
- Wireless Power User Guide
- Secure is the New Smart
- 5 Best Practices for Designing Flexible Test Stations
- Intelligent PLCs Expand the Internet of Things
InterviewFreescale CEO: 'IoT isn't just buzz'
Coming after the solid third quarter results that produced higher operating margins and improving cash flow, Freescale Semiconductor's CEO Gregg Lowe had every reason to be chipper and lively when EE Times ...
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
This month, Oscium is giving away three of its iMSO-204L dual analogue iOS oscilloscopes, worth USD400 each. Designed with native Lightning compatibility, the iMSO-204L transforms the iPad, iPhone, and iPod touch into an ultra-portable, two-channel oscilloscope.
Since Apple changed its connector, Oscium has been working to bring native compatibility to its customers. The third generation...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.