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.
Structural electronics - the next big thing in smart cars?
September 18, 2014
Electronic circuits embedded in vehicles, aircraft and more have the potential to be a $60 billion market by 2025, says technology ...
Elastomeric camouflage switches texture and colour
Solar microinverter to break USD1bn barrier in 2018
7nm EUV could ease 10nm squeeze, says ASML
Europeans flex skills to commercialize OLED and OPV devices
Freescale opens Discovery Lab in Toulouse to foster innovation
September 17, 2014
Shortly after the company celebrated the first year of existence of its Austin-based Freescale Discovery Lab, an incubator ...
Can a large-area flexible OLED have reliable contacts?
Lemoptix pico-projector excels
Building ARM-based Bluetooth-enabled wearables
- Putting FPGAs to Work in Software Radio Systems Handbook
- Flexible and Low Power Driving of Solenoid Coils
- How to Protect & Monetize Android Apps
- Power Modules: The New Super Power
InterviewCEO interview: AMS' Laney on driving a sensor-driven business
Kirk Laney, CEO of Austrian mixed-signal chip and sensor company AMS, wants to leverage the opportunity that technology affords to create new markets for sensors and sensor interfaces.
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, Trinamic Motion Control is offering you to win one of four TMCM-1043 development kits for its highly integrated, NEMA 17-compatible TMCM-1043 stepDancer stepper motor module.
Offering designers an easy-to-use PC-based GUI that allows one-click modification of motor drive current, micro-stepping and other key parameters, the intuitive kits are custom designed and developed for...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.