English
MIPS to restructure, align with Android
Peter Clarke, EE Times
(06/24/2010 9:48 AM EDT)
LONDON — Processor IP licensor MIPS Technologies Inc. has announced a restructuring plan that will see it reduce headcount and incur a $1 million restructuring charge. The changes are expected to save company between $2 million and $2.4 million in annual expense, including the current financial year.
The move is being made to align the company's spending with current opportunities including Android-related mobile applications. The company began implementing the cuts on June 18 and expects it to complete within two months. The company stressed the move was "strategic" and not related to performance in the current quarter.
|
E-mail This Article | 
|
|
Printer-Friendly Page |
|
||||||
Related News
- MIPS Highlights Extensive Connected Entertainment Ecosystem for Android and More at CES
- YoYo Games and MIPS Release Free Android Game Development Platform Exclusively for MIPS-Based Devices
- World's Lowest-Cost Android 4.1 "Jelly Bean" Tablet Shipping Now - It's MIPS!
- App Developers Embrace the MIPS Architecture using Latest Release of Android NDK
- Latest Android NDK Fully Supports the MIPS Architecture
Breaking News
- RISC-V International Promotes Andrea Gallo to CEO
- See the 2025 Best Edge AI Processor IP at the Embedded Vision Summit
- Andes Technology Showcases RISC-V AI Leadership at RISC-V Summit Europe 2025
- RISC-V Royalty-Driven Revenue to Exceed License Revenue by 2027
- Keysom Unveils Keysom Core Explorer V1.0
Most Popular
- RISC-V International Promotes Andrea Gallo to CEO
- See the 2025 Best Edge AI Processor IP at the Embedded Vision Summit
- Andes Technology Showcases RISC-V AI Leadership at RISC-V Summit Europe 2025
- Ceva, Inc. Announces First Quarter 2025 Financial Results
- Cadence Unveils Millennium M2000 Supercomputer with NVIDIA Blackwell Systems to Transform AI-Driven Silicon, Systems and Drug Design