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Is MIPS For Sale?

MIPS could be up for sale according to a report from Bloomberg which cites anonymous sources. The US-based company competes in the market against ARM in the red hot embedded, low power-high performance microprocessor market.

The report claims that MIPS has hired Goldman Sachs Group to look for potential buyers for the company with its intellectual property portfolio likely to attract some significant investment.

Like ARM, MIPS derives most of its revenue to licensing its IP to the likes of Broadcom, Cavium, Toshiba and Cisco as well as a host of smaller players.

Its lower licensing cost coupled with a competitive-per-item fee explains why a number of Chinese licensees have chosen MIPS rather than ARM.

The company, whose acronym stands for "Microprocessor without Interlocked Pipeline Stages" rather than "Million Instructions Per Second", is betting on Android and Ice Cream Sandwich for a resurgence.

Ainovo used MIPS to ship the first Ice Cream Sandwich on the market and the first to cost under $100, the Ainovo Novo 7 family. That said, the lack of Android Market access meant that the tablet is still very much a work in progress/glorified multimedia player.

Source : Bloomberg (opens in new tab)

Désiré Athow

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.