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timemerchant
I used MIPS for almost ten years, but their patents for the unaligned ...
The MicroMan
MIPS lost out when IBM took over the last generation of video games with IBM's ...
MIPS said to be up for sale
Peter Clarke
4/13/2012 6:03 AM EDT
LONDON – 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).
A MIPS spokesperson said the company had "no comment."
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.
Related links and articles:
Tablets to feature MIPS for both applications and baseband processing
Conexant has 32-bit processor for hi-performance audio
Chinese firm offers sub-$100 Android 4.0 tablet
MIPS, eSilicon tapeout 28-nm MPU cluster
Chinese developer licenses MIPS32 and MIPS64
China link helps MIPS go mobile
Navigate to related information


Robotics Developer
4/13/2012 1:02 PM EDT
I must confess to never having used a MIPS processor, instead I had leaned towards the ARM family early on. I am wondering what the IP portfolio is that would be of value to other companies. I would like to know what the analysis think was the limiting factor in the MIPS line? Was it the overall speed, performance, or cost that was the limiting factor in the "ARMs" race?
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US Made
4/13/2012 1:59 PM EDT
Nice Architecture Does not mean a Thing. It is all about execution, execution, and execution.
we have seen this from x86 to 68K. x86 vs. DEC, x86 vs. SUN, and saga continues.
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John.Donovan
4/13/2012 4:34 PM EDT
Sad, but long overdue. Too many missed opportunities.
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agk
4/14/2012 4:48 AM EDT
Even though most of the features are same in all the architectures the success lies in the best marketing efforts with the best customer service in time.
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daleste
4/14/2012 6:06 PM EDT
It is sad when companies die. ARM did a good job of building an IP business. MIPS had a bubble then dropped out of sight.
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GREAT-Terry
4/15/2012 11:11 PM EDT
MIPS once was a bright star in 90's. Just wonder what value it can provide to the new buyer.
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kinnar
4/16/2012 5:11 AM EDT
If some quality buyer comes, he will be better able to utilized the quality resources of MIPS, it totally depended on the decision makers where they want to take the company, the quality manpower will always there at the bottom level.
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John.Donovan
4/16/2012 3:36 PM EDT
Kinnar's right. They have great talent and a valuable patent portfolio. They're unlikely to just drop out of site.
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abraxalito
4/16/2012 9:38 PM EDT
"MIPS..has hired Goldman Sachs Group Inc. to identify and negotiate with potential acquirers of the company.." - perhaps someone has Kermit's telephone number to hand?
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JohnJonesman
4/17/2012 1:18 PM EDT
The last article Peter Clarke wrote about MIPS sale was inaccurate (he has a habit of doing that). Now he rewrites something Bloomberg reported. Can't EEtimes hire competent reporters these days, instead of just rehashing articles written by real reporters?
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JohnJonesman
4/17/2012 1:23 PM EDT
For cry out loud?!: This Peter Clarke "reporter" wrote a few days ago that Broadcom, Cavium and Cisco license MIPS IP: http://www.eetimes.com/electronics-blogs/other/4370937/Would-the-Chinese-buy-MIPS
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moronda
4/19/2012 11:29 AM EDT
Hey, does Sandeep Vij get held accountable for total failure? Nice job Sandeep of turning around MIPS!
"Team MIPS," said Vij, "is much more than just one company or one building surrounded by four walls, I've found out." By "Team MIPS," Vij means all the companies that use MIPS cores in chips, MIPS architecture licensees, and those who develop tools, platforms and software that run on MIPS.
"They all have tremendous loyalty for MIPS. They all want us to succeed," Vij explained. "When you have that many well wishers, you know you can lean on them."
I guess all those good wishes didn't lead to revenue? Has he just realized that ARM has and will continue to completely eat his lunch and he has no way to change that? So now he just wants to get paid and get out of there?
I have to imagine all the MIPS employees stopped working on 4/13 and are sending resumes to ARM. What a misery pit that place must be.
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The MicroMan
4/19/2012 3:04 PM EDT
MIPS lost out when IBM took over the last generation of video games with IBM's Cell processor and the like. A huge royalty revenue soon dried up for MIPS, which was never replaced. A couple new spins of MIPS cores came out, but those didn't go far.
Interests in China, which seems highly motivated to advance in high-tech computing, could pick up a great portfolio of processor patents and know-how by buying MIPS Technology, also resolving many potential disputes in regards to IP. The Godson processor knocks off the MIPS architecture. If a company in China bought MIPS, it might be a strange reversal to send IP revenues to China.
But it is sad that such an icon seems to be falling to its knees.
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timemerchant
4/20/2012 7:10 AM EDT
I used MIPS for almost ten years, but their patents for the unaligned instructions that Lexra never used, should not have been awarded (prior processors had unaligned access). MIPS closed down a company that was winning more customers. When you loose Sony, Nintendo etc you obviously upset people. Gouging out eyeballs in Nintendo's case was clearly visible in the annual statements. The SysAD and SysCMD bus was the next worst thing to try and use, plus the higher prices for interface chips to use this silly standard. PowerPC took out the high end, and ARM with reasonable licence fees took out the low end. Instruction sets are unimportant when writing in C; the ecosystem is more important. ARM have done well at MIPS expense.
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