SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Paul Lee who wrote (15953)11/11/1998 9:35:00 AM
From: Moonray  Read Replies (3) | Respond to of 25814
 
MIPS Technologies, Inc. Opens Development Center in Europe
BW - 09:01 a.m. Nov 11, 1998 Eastern

MUNICH, Germany--(BUSINESS WIRE)--Nov. 11,
1998--MIPS Technologies, Inc. (Nasdaq:MIPS) today
announced that it will officially open its fully staffed, MIPS
Denmark Development Center (MDDC) in Copenhagen,
Denmark on Dec. 1, 1998.

The Danish team is comprised of 24 full time employees, who
were formerly part of LSI Logic Corporation. The team is well
known for its low power MIPS(R) architecture, core, and
system on chip (SOC) design expertise, as well as its full set of
customer deliverables.

As part of LSI Logic, it has been responsible for a number of
highly successful designs, including TinyRISC(tm) and many
low power products, and also was a key contributor in LSI to
the development of EJTAG 2.0 Debug Standard. LSI Logic
Corporation and MIPS Technologies, Inc. are working closely
to ensure a smooth transition of the team. The MDDC will work
on developments for MIPS as well as providing a high level of
support and design expertise for European-based MIPS
customers.


"We are tremendously excited about the addition of this
renowned team to our company," said Lavi Lev, senior vice
president of Engineering for MIPS Technologies, Inc. "We are
fortunate to have secured the complete team, which has many
years of experience working effectively and efficiently together.
Its members are highly respected for their experience in
designing and developing consumer related and low-power
MIPS architecture solutions. Their work in core development
for Windows CE(R) and low-power applications dovetails
extremely well with our product plans, as these skills enhance
our existing abilities to design extremely powerful processors.
Uniting the two teams will enable MIPS to provide the most
powerful processor for almost any application's needs in terms
of power consumption. Furthermore, with their strong systems
knowledge we will design and develop cores that are ideally
suited to the types of applications we plan to aggressively
pursue in digital consumer, network systems, and information
management applications."

"Our licensees in Europe are delighted to learn of this
tremendous resource that is now available to them," said Bert
Zandhuis, director of European Business Development for
MIPS Technologies, Inc. "This team will improve our
European presence beyond measure as it enables us to support
our strategic partners with some of the best MIPS design
engineers available. The new product roadmap, which we have
just announced, also ensures a continuous, smooth upgrade
path into the future with more powerful processors to meet the
needs of emerging applications. The growing need for
performance, combined with low power design skills, positions
us to become a major player."

Jens Kjelsbak, director and general manager of the MDDC will
report directly to Lev and will head the team in Denmark. "The
skill set of the people within the MDDC is a perfect match to the
MIPS engineering group in Mountain View," said Jens
Kjelsbak. "We see our relationship with MIPS as a great
opportunity to get the benefits of the MIPS architecture out to a
larger number of customers."

Plans call for the work of the team to focus on developing
products for synthesizable and optimized cores, as well as all
system products.

"To ensure a smooth transition with its licensing partner, MIPS
Technologies, Inc. is working on an agreement to provide
support to LSI Logic Corporation during this period," said
Marlon Murzello, VP of Consumer Technology Engineering at
LSI Logic, "and we are delighted that the team will be kept
together and continue to function as a key driver in the
development of the MIPS architecture. Our agreement with
MIPS Technologies will enable us to continue to benefit from
this team in the future."

John Bourgoin, chairman and CEO of MIPS Technologies,
Inc., concluded, "the MIPS Denmark Development Center team
brings a superb record of success with MIPS designs and skills
that will accelerate MIPS' access to its target markets.
Furthermore, it will give us a significant European presence and
will provide the kind of support that customers want. We are
also pleased with LSI Logic's support of this transition, and
believe it will benefit them and other licensees of the MIPS
processors as well."

MIPS processors comprised 49 percent of the total 32/64-bit
RISC architecture shipments (based on Andrew Allison's
report: Inside the New Computer Industry) with 48 million
units shipped in 1997, and has just passed the cumulative 100
millionth mark for processors shipped.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. is the world's primary architect of
embedded 32- and 64-bit RISC processors. The company
drives the broadest architectural alliance that is delivering 32-
and 64-bit embedded RISC solutions. It offers the only
embedded 64-bit RISC architecture for emerging digital
consumer, network systems, and information management
applications.

The company licenses its intellectual property to semiconductor
manufacturing companies, ASIC developers, and system
OEMs. MIPS Technologies, Inc. and its licensees offer the
widest range of robust, scalable processors in standard,
custom, semi-custom and application-specific products.
Developers can choose from a broad menu of price/performance
options that include execution units, clock speeds, instruction
widths (16-, 32- or 64-bit), cache sizes, memory bandwidths,
memory protection schemes, system interfaces, and on-chip
system logic.

The MIPS architecture is the RISC industry's most widely
supported architecture. There are over 150 support tools
available, including operating systems, compilers, debuggers,
in-circuit emulators, evaluation boards, etc., which are
provided by MIPS partners and third party companies. This
industry standard infrastructure has helped to develop complete
solutions with a fast time-to-market.

Licensees currently include: Broadcom Corporation;
CommQuest (IBM); Integrated Device Technology, Inc. (IDT);
LSI Logic Corporation; Macronix; NEC Corporation; NKK
Corporation; Philips Semiconductors; Quantum Effect Design,
Inc. (QED); Sony Corporation; Synova; and Toshiba
Corporation. Numerous companies utilize MIPS intellectual
property. MIPS Technologies, Inc. is based in Mountain View,
and can be reached at 650/567-5000 or mips.com.

Copyright 1998, Business Wire

o~~~ O