MIPS Technologies, Inc. self description
MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for home entertainment, networking, mobile and embedded applications. The MIPS architecture powers some of the world's most popular products, 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 Sunnyvale, California, with offices worldwide. For more information, contact (408) 530-5000 or visit www.mips.com.
News from MIPS:
MIPS Technologies Introduces New Aptiv™ Generation of Microprocessor Cores
May 10, 2012 -
- A new generation of processor cores offering a high level of performance and efficiency for applications across the home entertainment, networking, mobile and embedded segments
- High-performance proAptiv™ core achieves the highest CoreMark/MHz score reported for any licensable IP core, together with leading silicon efficiency
- Multi-threaded interAptiv™ core delivers leading performance efficiency, achieving higher CoreMark/MHz than competing cores in similar die area
- Highly-efficient microAptiv™ core achieves highest CoreMark/MHz score among microcontroller-class cores; adds DSP acceleration and security
- Several lead licensees already signed for Aptiv™ cores
Product Specifications and Details
For detailed product information including benchmarks, specifications, datasheets and more, visit www.mips.com/aptiv.
All Aptiv core families can be licensed now. The proAptiv family will be generally available in mid-2012 supporting a range of functional and performance points with single and multi-core versions. The new proAptiv FPU is also available. The interAptiv family will be available in mid-2012 in dual- and quad-core configurations, with optional FPU. Single core versions will be available in the fourth quarter. The microAptiv family is available now, with cache/MMU or non-cached core options. For more information on product availability, contact Email Contact, or visit www.mips.com/aptiv.
"With the launch of our new Aptiv Generation of products, MIPS is entering a new era of innovation and increasing our competitive position. The Aptiv Generation is the result of strategic investments we have made, and are continuing to make for the future. We are pushing performance efficiency to new levels. Our previous generation of cores was already more performance-efficient than the competition. The new Aptiv Generation is even better. With these cores and the ever-expanding ecosystem around the MIPS architecture, we are providing solutions that will enable our customers to differentiate and win in an increasingly competitive market."-Gideon Intrater, Vice President of Marketing, MIPS Technologies.
On May 02, 2012 MoSys, Inc. (NASDAQ: MOSY) reported financial results for the first quarter ended March 31, 2012.
First Quarter Highlights
- Closed $4.2 million sale of serial interface technology;
- Ended the quarter with total cash and investments of $55 million;
- Completed carrier-grade qualification of the Bandwidth Engine ® IC; and
- Achieved first OEM design wins for the Bandwidth Engine IC product family at multiple customers.
"During the first quarter, we achieved additional significant milestones for the Bandwidth Engine by securing multiple new design wins, including a multi-platform design win with a major Japanese networking equipment supplier," said Len Perham, MoSys' President and Chief Executive Officer. "We continue to work closely with prospective customers to convert existing design wins in-progress into design wins, while the performance improvements offered by the Bandwidth Engine continue to generate strong interest from customers and partners. We have now successfully completed high-temperature operating life testing and achieved carrier-grade qualification. We have also made further progress in the development of our second generation Bandwidth Engine IC, which will include a significant performance upgrade and a substantially enhanced feature set”
"This quarter represents a significant shift toward becoming a fabless semiconductor company. During the quarter, we completed the sale of a portion of our high-speed serial interface technology. This transaction was synergistic with our strategy to monetize our IP and technology portfolio in order to further strengthen our financial resources, while focusing on the development, marketing and sale of our Bandwidth Engine ICs. With initial Bandwidth Engine design wins from leading networking equipment providers, a solid pipeline of design wins in-progress and a strengthened balance sheet, we are well positioned to achieve our goals in the coming quarters," concluded Mr. Perham.
First Quarter Results
Total net revenue for the first quarter of 2012 was $1.424 million, compared with $5.169 million reported in the fourth quarter of 2011 and $3.539 million in the first quarter of 2011.
First quarter 2012 total revenue included licensing and other revenue of $0.2 million, compared with $2.7 million for the previous quarter and $1.3 million for the first quarter of 2011. First quarter 2012 royalty revenue was $1.2 million, compared with $2.5 million in the previous quarter and $2.2 million for the first quarter of 2011.
Gross margin for the first quarter of 2012 was 96%, compared with 66% in the fourth quarter of 2011 and 81% for the first quarter of 2011. The sequential increase in gross margin was primarily due to royalty revenue representing a higher percentage of total revenue.
Total operating expenses on a GAAP basis for the first quarter of 2012 were $8.6 million, compared with a $26.5 million gain in the previous quarter and $8.9 million of expenses for the first quarter of 2011. First quarter 2012 operating expenses included a net gain of $1.9 million related to the serial interface technology IP sale, and the Company expects to record $1.9 million of additional gains over the next twelve months. Additionally, total operating expenses included a one-time charge to selling, general and administrative expenses of $0.6 million related to an arbitration settlement of a contract dispute, $0.7 million of amortization of intangible assets and $1.0 million of stock-based compensation expense.