Product category:
Intellectual Property Cores
News Release from: MIPS Technologies
Edited by the Electronicstalk Editorial
Team on 23 December 2004
Analyst backs MIPS to prosper
Analyst Carter Driscoll of IRG Research has initiated coverage of MIPS Technologies with a "buy" rating.
Analyst Carter Driscoll of IRG Research has initiated coverage of MIPS Technologies with a "buy" rating In a research note, Driscoll points out that MIPS Technologies is benefiting from its embedded processor IP (intellectual property) technology, which its licensees use in consumer electronics, office automation and broadband applications
This article was originally published on Electronicstalk on 23 Feb 2001 at 8.00am (UK)
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He expects the ongoing transition from 8/16 to 32/64bit processors to boost MIPS revenues in the near term.
"We're very pleased that IRG has recognised both our success and our value proposition", said John Bourgoin, MIPS Technologies President and CEO.
"We certainly agree that 'MIPS is well positioned to benefit from high-growth opportunities in set-top boxes, digital TVs, broadband access and home networking'".
"We already have a powerful position in cable modems, VDSL modems and cable set-top boxes".
"As long as people continue to demand more information more quickly, MIPS Technologies will be at the core of the user experience".
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