Imagination, a leading supplier of graphics chips for smartphones and tablets, will buy MIPS Technologies.
One of the first Android 4.0 tablets has arrived. It's retailing in China for only $100 and packs a 1GHZ MIPS chip and plenty of connectors.
Intel processor shipments surge, while Rambus and MIPS--which don't have their own chip fabrication facilities--restructure.
The company behind MIPS has released the source code for porting the Android operating system to that processor architecture.
Silicon Graphics to stop selling computers using MIPS chips and Irix operating system at end of 2006.
Start-up uses 16-core MIPS processor originally designed for networking gear to take a crack at Linux server market.
Its NonStop machine will switch out 500 MIPS s86000 processors with newer MIPS s88000s.
In an effort to reach profitability, MIPS Technologies will cut its work force and abandon its business for custom developing processors.
If successful, the licensing business could help establish the processor more firmly in the marketplace, boosting it against competitors such as the ARM and MIPS chips.