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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mips Technologies, Inc. (MM) | NASDAQ:MIPS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 7.98 | 0 | 01:00:00 |
By joining the Linux Foundation, MIPS Technologies will help drive growth and promotion of Linux among its customer base and beyond. MIPS Technologies joins a leading group of companies who are experiencing business success and market expansion based on customer leverage of Linux and open source technologies.
"A large majority of MIPS developers are using Linux for product development," said Udi Kalekin, vice president of software engineering at MIPS. "We are pleased to join the Linux Foundation as part of our commitment to maintaining and enhancing our contribution to the Linux community. We envision an evolution in consumer platform support on multi-core systems powered by Linux, and our work with the Linux Foundation will accelerate this process."
"Companies such as MIPS Technologies are making smart decisions in tough times," said Jim Zemlin, executive director at The Linux Foundation. "The company's work on Linux and desire to collaborate with its peers and the community will only help to increase its already strong market position. We're looking forward to MIPS Technologies' contributions to the Foundation."
About MIPS Technologies
MIPS Technologies, Inc. (NASDAQ: 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. 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, with offices worldwide. For more information, contact (650) 567-5000 or visit www.mips.com.
About the Linux Foundation
The Linux Foundation is a nonprofit consortium dedicated to fostering the growth of Linux. Founded in 2007, the Linux Foundation sponsors the work of Linux creator Linus Torvalds and is supported by leading Linux and open source companies and developers from around the world. The Linux Foundation promotes, protects and standardizes Linux by providing unified resources and services needed for open source to successfully compete with closed platforms. For more information, please visit www.linux-foundation.org.
Trademarks: The Linux Foundation and Linux Standard Base are trademarks of The Linux Foundation. Linux is a trademark of Linus Torvalds. MIPS and MIPS-Based are trademarks or registered trademarks in the United States and other countries of MIPS Technologies, Inc. All other trademarks referred to herein are the property of their respective owners. Third party marks and brands are the property of their respective holders.
Media Contact Jennifer Cloer Page One PR 503-746-7577 (o) 503-867-2304 (m) Jennifer@pageonepr.com
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