MIPS Technologies Accepts Resignation of Chipidea Founder Jose Franca.MOUNTAIN VIEW, Calif., Sept. 3 /PRNewswire-FirstCall/ -- MIPS Technologies (MIPS Technologies, Inc., Mountain View, CA, www.mips.com) Founded in 1984 as MIPS Computer Systems Inc., the company merged with SGI in 1992 and spun off as an independent entity once again in 2000. , Inc. , a leading provider of industry-standard architectures, processors and analog IP for digital consumer, networking, personal entertainment, communications and business applications, today announced the resignation of Jose Franca, founder of Chipidea Microelectronica, S.A., effective immediately. Professor Franca resigned to pursue his personal interests and resume his career in academics."We wish Professor Franca well and continue to respect him for his pivotal role in launching and leading Chipidea," said John Bourgoin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , MIPS Technologies. "We continue to view our acquisition of Chipidea as a strategic move for MIPS (Million Instructions Per Second) The execution speed of a computer. For example, .5 MIPS is 500,000 instructions per second; 100 MIPS is a hundred million instructions per second. that would not have been possible without Professor Franca, and we wish him well in his future endeavors." About MIPS Technologies, Inc. MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market Refers to custom-designed, computer-based devices and applications that perform a fixed set of tasks. It may refer to cellphones and other handhelds, network appliances (routers, access points, modems) and myriad consumer electronics products. . The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets -- including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. , with offices worldwide. For more information, contact (650) 567-5000 or visit http://www.mips.com/. MIPS is a trademark or registered trademark in the United States and other countries of MIPS Technologies, Inc. Chipidea is a trademark or registered trademark in the United States and other countries of MIPSABG Chipidea, Lda. All other trademarks referred to herein are the property of their respective owners. CONTACT: Media, Jen Bernier, +1-650-567-5178, jenb@mips.com, or Investors, Maury Austin, +1-650-567-5100, ir@mips.com, both of MIPS Technologies, Inc. Web site: http://www.mips.com/ |
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