MIPS Technologies Joins The Linux Foundation
February 23 2009 - 7:00AM
Marketwired
The Linux Foundation (LF), the nonprofit organization dedicated to
accelerating the growth of Linux, today announced that MIPS
Technologies (NASDAQ: MIPS) has become a member of the Foundation.
MIPS Technologies is a leading provider of industry-standard
architectures, processors and analog IP for digital consumer, home
networking, wireless, communications and business applications.
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
Mips Technologies, Inc. (MM) (NASDAQ:MIPS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mips Technologies, Inc. (MM) (NASDAQ:MIPS)
Historical Stock Chart
From Jul 2023 to Jul 2024