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== History == {{plain image with caption|MIPS Computer Systems logo color.svg|Logo of MIPS Computer Systems}} MIPS Computer Systems Inc. was founded in 1984<ref>Junko Yoshida, EE Times. "[https://web.archive.org/web/20160822230314/http://www.eetimes.com/document.asp?doc_id=1172974 New CEO Sandeep Vij forms 'Team MIPS']." February 7, 2010. Retrieved June 2, 2020.</ref> by a group of researchers from [[Stanford University]] including [[John L. Hennessy]] and [[Chris Rowen]]. These researchers had worked on a project called [[Stanford MIPS|MIPS]] (for ''Microprocessor without Interlocked Pipeline Stages''), one of the projects that pioneered the RISC concept. Other principal founders were Skip Stritter, formerly a Motorola technologist, and John Moussouris, formerly of IBM.<ref>James DeTar, Investors Business Daily. "[http://blogs.investors.com/click/index.php/home/60-tech/2037-panel-information-technology-still-early-stage Panel: Information Technology Still Early Stage] {{webarchive|url=https://web.archive.org/web/20120401051611/http://blogs.investors.com/click/index.php/home/60-tech/2037-panel-information-technology-still-early-stage |date=April 1, 2012 }}." October 6, 2010. Retrieved September 16, 2011.</ref> The initial CEO was Vaemond Crane, formerly President and CEO of [[Computer Consoles Inc.]], who arrived in February 1985 and departed in June 1989. He was replaced by Bob Miller, a former senior IBM and Data General executive. Miller ran the company through its IPO and subsequent sale to Silicon Graphics. In 1986, MIPS Computer Systems designs were noticed by companies such as Cadnetix, [[Prime Computer]] and [[Silicon Graphics]] (SGI), these adopting the [[R2000 (microprocessor)|R2000]] for new products, with SGI adopting the MIPS architecture for its computers having noted that the Motorola 68000 series of processors was "at the end of its price-performance curve".<ref name="electronicbusiness19861115_mips">{{ cite magazine | url=https://archive.org/details/sim_electronic-business_1986-11-15_12_22/page/110/mode/2up | title=MIPS Computer targets RISC chips for workstations | magazine=Electronic Business | last1=Hayashi | first1=Alden M. | date=15 November 1986 | access-date=22 June 2022 | pages=110–111 }}</ref> Identifying the "time-to-market issues" of companies introducing workstation products, MIPS introduced a range of component kits, processor boards and memory boards, intended as "building blocks" for such companies to build into systems. Additionally, development systems such as the M/500 were sold, intended to support software development at systems vendors building MIPS-based hardware products.<ref name="unixreview198605_mips">{{ cite magazine | url=https://archive.org/details/sim_unix-review_1986-05_4_5/page/6/mode/1up | title=The Monthly Report | magazine=UNIX Review | date=May 1986 | access-date=25 June 2022 | last1=Chandler | first1=David | pages=6, 9, 11–15 }}</ref> In December 1989, MIPS held its first [[Initial public offering|IPO]]. That year, [[Digital Equipment Corporation]] (DEC) released a [[Unix workstation]] based on the MIPS design. After developing the R2000 and [[R3000]] microprocessors, a management change brought along the larger dreams of being a computer vendor. The company found itself unable to compete in the computer market against much larger companies and was struggling to support the costs of developing both the chips and the systems ([[MIPS Magnum]]). To secure the supply of future generations of MIPS microprocessors (the 64-bit [[R4000]]), SGI acquired the company in 1992<ref>PC Magazine. "[https://www.pcmag.com/encyclopedia_term/0,2542,t=SGI&i=51221,00.asp SGI]." Retrieved September 19, 2011.</ref> for $333 million<ref name=CHM>Computer History Museum. "[http://www.computerhistory.org/revolution/story/219 Silicon Graphics Professional IRIS 4D/50GT]." Retrieved September 19, 2011.</ref><ref name=infoworld1992_0316>{{cite magazine|first=Cate |last=Corcoran |date=March 16, 1992 |title=MIPS, Silicon merger could kill ACE/ARC |magazine=InfoWorld |pages=1,107 |access-date=September 19, 2011 |url=https://books.google.com/books?id=3D0EAAAAMBAJ&pg=PA1 |volume=14 |issue=11}}</ref> and renamed it as MIPS Technologies Inc., a wholly owned subsidiary of SGI.<ref name=infoworld1992_0316 /> {{plain image with caption|MIPS RISC Certified Power logo.svg|upright=0.5|caption=MIPS RISC Certified Power emblem}} During SGI's ownership of MIPS, the company introduced the [[R8000]] in 1994 and the [[R10000]]<ref>Linley Gwenapp, Microprocessor Report. "[https://www.cs.cmu.edu/afs/cs.cmu.edu/academic/class/15740-f97/public/platform/r10000.pdf MIPS R10000 Uses Decoupled Architecture]." Vol. 8, No. 14, October 24, 1994. Retrieved September 19, 2011.</ref> in 1996 and a follow-up the [[R12000]] in 1997.<ref>Linley Gwenapp, Microprocessor Report. "[http://studies.ac.upc.edu/ETSETB/SEGPAR/microprocessors/r12000%20(mpr).pdf MIPS R12000 to Hit 300 MHz]." Vol. 11, No. 13, October 6, 1997. Retrieved September 19, 2011.</ref> During this time, two future microprocessors code-named ''The Beast'' and ''Capitan'' were in development; these were cancelled after SGI decided to migrate to the [[Itanium]] architecture<ref>Stephen Shankland, ZDNet. "[https://web.archive.org/web/20080209211056/http://news.zdnet.com/2100-9584-5984747.html Itanium: A cautionary tale]." December 7, 2005. Retrieved September 19, 2011.</ref> in 1998.<ref name=CHM/><ref>Michael Kanellos and Dawn Kawamoto, CNET. "[http://news.cnet.com/Silicon-Graphics-scraps-MIPS-plans/2100-1001_3-210024.html Silicon Graphics scraps MIPS plans]." April 9, 1998. Retrieved September 19, 2011.</ref> As a result, MIPS was spun out as an intellectual property licensing company, offering licences to the MIPS architecture as well as microprocessor core designs. On June 30, 1998, MIPS held an IPO after raising about {{US$|long=no|16.3 million}} with an offering price of {{US$|long=no|14}} a share.<ref name=om>{{cite news|first=Om |last=Malik |newspaper=Forbes |url=https://www.forbes.com/1998/12/02/feat.html |title=Can MIPS beat ARM? |date=December 2, 1998 |access-date=September 19, 2011}}</ref><ref>Debora Vrana, Los Angeles Times. "[https://www.latimes.com/archives/la-xpm-1998-jul-06-fi-1209-story.html June IPOs Were Not so Hot, but Summer Is Still Young]." July 6, 1998. Retrieved September 20, 2011.</ref><ref>Crag Bicknell, WIRED. "[https://www.wired.com/techbiz/media/news/1998/07/13376 MIPS Slips in IPO]." July 1, 1998. Retrieved September 19, 2011.</ref> In 1999, SGI announced it would overhaul its operations; it planned to continue introducing new MIPS processors until 2002, but its server business would include Intel's processor architectures as well.<ref>Margaret Quan, EE Times. "[http://www.eetimes.com/electronics-news/4038666/SGI-to-shed-Cray-shift-OS-focus-to-Linux SGI to shed Cray, shift OS focus to Linux]." August 10, 1999. Retrieved September 20, 2011.</ref> SGI spun MIPS out completely on June 20, 2000, by distributing all its interest as stock dividend to the stockholders. In early 2008 MIPS laid off 28 employees from its processor business group. On August 13, 2008, MIPS announced a loss of $108.5 million for their fiscal fourth-quarter and that they would lay off another 15% of their workforce. At the time MIPS had 512 employees.<ref name="edn.com">Suzanne Deffree, EDN News, "[https://archive.today/20130121210558/http://www.edn.com/article/472148-MIPS_plans_15_layoff_on_108_5M_loss.php MIPS plans 15% layoff on $108.5M loss]." August 14, 2008. Retrieved March 4, 2012.</ref> In May 2018, according to the company's presence on LinkedIn, there may be less than 50 employees. === Notable Contributors === Notable people who have worked at MIPS include [[James Billmaier]],<ref>VentureBeat Profiles. "{{usurped|1=[https://archive.today/20120716122828/http://venturebeatprofiles.com/person/profile/jim-billmaier Jim Billmaier]}}." Retrieved September 20, 2011.</ref> [[Steve Blank]],<ref>UC Berkeley Haas School of Business. "[http://www2.haas.berkeley.edu/Faculty/blank_steve.aspx Steve G. Blank] {{Webarchive|url=https://web.archive.org/web/20110904152650/http://www2.haas.berkeley.edu/Faculty/blank_steve.aspx |date=September 4, 2011 }}." Retrieved September 20, 2011.</ref> Joseph DiNucci,<ref>VentureBeat Profiles. "{{usurped|1=[https://web.archive.org/web/20100603035702/http://widget.venturebeatprofiles.com/person/profile/joe-dinucci Joe DiNucci]}}." Retrieved September 20, 2011.</ref> [[John L. Hennessy]],<ref>IEEE Computer Society. "[http://www.computer.org/portal/web/awards/eckerthennesy John L. Hennessy: 2001 Eckert-Mauchly Award Recipient] {{webarchive|url=https://web.archive.org/web/20110815212900/http://www.computer.org/portal/web/awards/eckerthennesy |date=August 15, 2011 }}." Retrieved September 20, 2011.</ref> [[Todd Bezenek]],<ref>ARM Finance Overseas Ltd. "[https://patents.google.com/patent/US20080222580A1/en System and method for managing the design and configuration of an integrated circuit semiconductor design]" 2017. </ref> [[David Hitz]],<ref>Joe Kovar, CRN. "[http://www.crn.com/news/storage/225700751/2010-storage-superstars.htm;jsessionid=eV3HAPom6qv7wkAid6EACg**.ecappj03?pgno=2 2010 Storage Superstars] {{Webarchive|url=https://web.archive.org/web/20120922010817/http://www.crn.com/news/storage/225700751/2010-storage-superstars.htm;jsessionid=eV3HAPom6qv7wkAid6EACg**.ecappj03?pgno=2 |date=September 22, 2012 }}." June 21, 2010. Retrieved September 20, 2011.</ref> Earl Killian,<ref name="twsNovZ23">{{cite news|url=http://www.paravirtual.com/content/company/advisory_board.htm|title=Earl Killian|date=November 26, 2010|access-date=November 26, 2010|url-status=dead|archive-url=https://web.archive.org/web/20120213131715/http://www.paravirtual.com/content/company/advisory_board.htm|archive-date=February 13, 2012|publisher=Paravirtual}}</ref><ref name="twsNovZ14">{{cite news|url=http://www.cs.clemson.edu/~mark/s1_alumni.html|title=S-1 Supercomputer Alumni: Earl Killian|date=June 28, 2005|access-date=November 26, 2010|publisher=Clemson University|quote=Earl Killian's ... MIPS's Director of Architecture ...}}</ref> Dan Levin,<ref>BusinessWeek Profiles. "[https://web.archive.org/web/20121015221051/http://investing.businessweek.com/research/stocks/private/person.asp?personId=591174&privcapId=127144850&previousCapId=127144850&previousTitle=Campus%20Sponsorship,%20Inc. Dan Levin]." Retrieved September 20, 2011.</ref> [[John Mashey]],<ref>Computer History Museum. "[http://www.computerhistory.org/trustee/John,Mashey/ John Mashey] {{webarchive|url=https://web.archive.org/web/20111113021428/http://www.computerhistory.org/trustee/John,Mashey/ |date=November 13, 2011 }}." Retrieved September 20, 2011.</ref> John P. McCaskey, Bob Miller,<ref>Computer History Museum. "[http://www.computerhistory.org/events/bio/Bob,Miller Bob Miller]." Retrieved September 20, 2011.</ref> [[Stratton Sclavos]],<ref>Forbes. "[https://web.archive.org/web/20111102160930/http://people.forbes.com/profile/stratton-d-sclavos/45146 Stratton D. Sclavos]." Retrieved September 20, 2011.</ref> and [[Skip Stritter]].<ref>Computer History Museum. "[http://www.computerhistory.org/events/bio/Skip,Stritter Skip Stritter]." Retrieved September 20, 2011.</ref> In 2010, Sandeep Vij was named CEO of MIPS Technologies.<ref name=junko>Junko Yoshida, EE Times. "[http://www.eetimes.com/electronics-news/4087512/New-CEO-Sandeep-Vij-forms-Team-MIPS- New CEO Sandeep Vij forms ‘Team MIPS’]." February 7, 2010. Retrieved September 20, 2011.</ref> Vij studied under John Hennessy as a Stanford University graduate student.<ref name=junko/> Prior to taking over at MIPS, Vij was an executive at [[Cavium Networks]],<ref name=junko/> [[Xilinx]] and [[Altera]].<ref>Peter Clarke, EE Times. "[http://www.eetimes.com/electronics-news/4087161/MIPS-appoints-former-Cavium-exec-as-CEO MIPS Appoints Former Cavium Exec as CEO MIPS]." January 25, 2010. Retrieved September 20, 2011.</ref> ''EE Times'' reported that MIPS had 150 employees as of November 1, 2010.<ref>Junko Yoshida, EE Times, "[http://www.eetimes.com/electronics-news/4210278/MIPS-CEO---Companies-need-to-have-a-soul- MIPS CEO: Companies need to have a soul]". November 1, 2010. Retrieved March 4, 2012.</ref> If the August 14, 2008 EDN article<ref name="edn.com"/> was accurate about MIPS having over 500 employees at the time, then MIPS reduced their total workforce by 70% between 2008 and 2010. {{plain image with caption|MIPS by Imagination logo.jpg|upright=0.5|MIPS branding as used by [[Imagination Technologies]]}} In addition to its main [[R&D]] center in [[Sunnyvale, California]],<ref>Hoovers. "[http://www.hoovers.com/company/MIPS_Technologies_Inc/hjxfci-1.html MIPS Technologies]." Retrieved September 20, 2011.</ref> MIPS has engineering facilities in [[Shanghai]], [[China]], [[Beaverton, Oregon]], [[Bristol]] and [[Kings Langley]], both in [[England]].<ref>Colleen Taylor, EDN. "[https://archive.today/20120728122159/http://www.edn.com/article/459759-MIPS_plans_HQ_in_Silicon_Forest.php MIPS plans HQ in Silicon Forest]." March 13, 2007. Retrieved September 20, 2011.</ref> It also has offices in Hsin-chu, [[Taiwan]]; [[Tokyo, Japan]]; Remscheid, [[Germany]] and [[Haifa, Israel]].<ref name="two">Company Press Release. "[http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/05-08-2009/0005022377 Synopsys Acquires Analog Business Group of MIPS Technologies]." May 8, 2009. Retrieved May 8, 2009.</ref> During the first quarter of 2013, 498 out of 580 of MIPS patents were sold to Bridge Crossing which was created by [[Allied Security Trust]], with all processor-specific patents and the other parts of the company sold to [[Imagination Technologies]].<ref>[https://www.forbes.com/sites/ericsavitz/2012/11/06/mips-selling-all-assets-for-combined-7-31shr-in-cash/ MIPS Selling All Assets For Combined $7.31/Shr In Cash]. Forbes. Retrieved on May 23, 2014.</ref> Imagination had outbid [[Ceva (semiconductor company)|Ceva Inc]] to buy MIPS with an offer of $100 million,<ref>{{cite news|url=http://www.businessweek.com/ap/2012-12-17/imagination-tech-to-buy-mips-tech-for-100m|archive-url=https://web.archive.org/web/20121222005943/http://www.businessweek.com/ap/2012-12-17/imagination-tech-to-buy-mips-tech-for-100m|url-status=dead|archive-date=December 22, 2012|title=Imagination Tech to buy MIPS Tech for $100M|agency=Associated Press|date=December 17, 2012|access-date=December 18, 2012}}</ref> and was investing to develop the architecture for the embedded processor market. In 2017, under financial pressure itself, Imagination Technologies sold the MIPS processor business to a California-based investment company, Tallwood Venture Capital.<ref name="bloomberg20170922"/> Tallwood in turn sold the business to Wave Computing in 2018,<ref name="top500_mips"/> both of these companies reportedly having their origins with, or ownership links to, a co-founder of [[Chips and Technologies]] and [[S3 Graphics]].<ref name="eejournal20200907_mips">{{ cite web | url=https://www.eejournal.com/article/loose-lips-sink-mips/ | title=Loose Lips Sink MIPS | website=Electronic Engineering Journal | date=7 September 2020 | access-date=5 September 2022 }}</ref> Despite the regulatory obstacles that had forced Imagination to divest itself of the MIPS business prior to its own acquisition by Canyon Bridge, bankruptcy proceedings for Wave Computing indicated that the company had in 2018 and 2019 transferred full licensing rights for the MIPS architecture for China, Hong Kong and Macau to CIP United, a Shanghai-based company.<ref name="reuters20200815_mips">{{ cite news | url=https://www.reuters.com/article/us-usa-china-tech-insight/tech-war-chronicles-how-a-silicon-valley-chip-pioneer-landed-in-china-idUSKBN25L15U | title=Tech war chronicles: How a Silicon Valley chip pioneer landed in China | date=15 August 2020 | access-date=5 September 2022 | last1=Lee | first1=Jane Lanhee }}</ref> In 2021, MIPS announced it would begin making chips based on the [[RISC-V]] architecture.<ref>{{Cite web |date=2021-03-08 |title=Wait, What? MIPS Becomes RISC-V |url=https://www.eejournal.com/article/wait-what-mips-becomes-risc-v/ |access-date=2023-08-08 |website=EEJournal |language=en-US}}</ref> In 2022, the company announced availability of its first RISC-V CPU IP core, the eVocore P8700.<ref name=":1" /> In September 2023, MIPS named former [[Texas Instruments]] (TI) executive Sameer Wasson CEO. Wasson spent 18 years at TI, most recently as vice president, Business Unit (BU) Manager, Processors.<ref name=":2">{{Cite web |last=Hettinga |first=Wisse |date=2023-09-07 |title=MIPS to Drive RISC-V Market Penetration and Innovation |url=https://www.eenewseurope.com/en/mips-to-drive-risc-v-market-penetration-and-innovation/ |access-date=2023-09-08 |website=eeNews Europe |language=en-US}}</ref> ===Company timeline=== {| class="wikitable sortable" |- ! style="width:9em"| Year !! |- | 1981 || Dr. John Hennessy at Stanford University founds and leads [[Stanford MIPS]], a research program aimed at building a microprocessor using RISC principles. |- | 1984 || MIPS Computer Systems, Inc. co-founded by Dr. John Hennessy, [[Edward P. Stritter|Skip Stritter]], and Dr. John Moussouris<ref>{{Cite web |url=http://silicongenesis.stanford.edu/transcripts/hennessy.htm |title=John Hennessy<!-- Bot generated title --> |access-date=April 15, 2008 |archive-url=https://web.archive.org/web/20120211143447/http://silicongenesis.stanford.edu/transcripts/hennessy.htm |archive-date=February 11, 2012 |url-status=dead }}</ref> |- | 1986 || First product ships: [[R2000 (microprocessor)|R2000]] microprocessor, Unix workstation, and optimizing compilers |- | 1988 || [[R3000]] microprocessor |- | 1989 || First IPO in November as MIPS Computer Systems with Bob Miller as CEO |- | 1991 || [[R4000]] microprocessor |- | 1992 || [[Silicon Graphics|SGI]] acquires MIPS Computer Systems. Transforms it into internal MIPS Group, and then incorporates and renames it to MIPS Technologies, Inc. (a wholly owned subsidiary of SGI) |- | 1994 || [[R8000]] microprocessor |- | 1994 || Sony [[PlayStation (console)|PlayStation]] released, using an [[R3000]] CPU with custom GTE [[coprocessor]] |- | 1996 || [[R10000]] microprocessor; [[Nintendo 64]] released, incorporating a [[R4300|R4300i]] processor and coprocessor from MIPS |- | 1998 || [[Reverse IPO|Re-IPO]] as MIPS Technologies, Inc. |- | 1999 || Sony [[PlayStation 2]] released, using an [[R5900]] CPU with custom vector co-processors |- | 2002 || Acquires Algorithmics Ltd, a UK-based MIPS development hardware/software and consultancy company. |- | September 6, 2005 || Acquires First Silicon Solutions (FS2), a Lake Oswego, Oregon company as a wholly owned subsidiary. FS2 specializes in silicon IP, design services and OCI (On-Chip Instrumentation) development tools for programming, testing, debug and trace of embedded systems in SoC, SOPC, FPGA, ASSP and ASIC devices. |- | 2007 || MIPS Technologies acquires Portugal-based mixed-signal intellectual property company [[Chipidea]] |- | February 2009 || MIPS Joins [[Linux Foundation]]<ref>TheLinuxFoundation.org. "[http://www.linuxfoundation.org/news-media/announcements/2009/02/mips-technologies-joins-linux-foundation MIPS Technologies Joins Linux Foundation] {{webarchive|url=https://web.archive.org/web/20101228111414/http://www.linuxfoundation.org/news-media/announcements/2009/02/mips-technologies-joins-linux-foundation |date=December 28, 2010 }}." Retrieved August 12, 2011.</ref> |- | May 8, 2009 || [[Chipidea]] is sold to [[Synopsys]]. |- | June 2009 || Android is ported to MIPS<ref>Steve Bush, ElectronicsWeekly.com. "[https://archive.today/20130123171000/http://www.electronicsweekly.com/Articles/2010/08/13/46204/googles-android-marches-onto-mips-processors.htm Google's Android marches onto MIPS processors]." Retrieved August 12, 2011.</ref> |- | September 30, 2009 || MIPS Technologies joins the [[Open Handset Alliance]]<ref name="MIPS20090930">{{cite web|url=http://www.mips.com/news-events/newsroom/release-archive-2009/9_30_09.dot|title=MIPS Technologies Joins the Open Handset Alliance|date=September 30, 2009|publisher=MIPS Technologies, Inc.}}</ref> |- | January 2010 || Sandeep Vij appointed as CEO<ref>Peter Clarke, EE Times. "[http://www.eetimes.com/electronics-news/4087161/MIPS-appoints-former-Cavium-exec-as-CEO MIPS Appoints Former Cavium Exec as CEO MIPS]." January 25, 2010. Retrieved August 12, 2011.</ref> |- | January 2011 || MIPS introduces the first Android-MIPS based Set top box at CES.<ref name=AndroidGuysCes2011>Raphael Savina, AndroidGuys. "[http://www.androidguys.com/2010/01/06/ces-2010-first-android-set-top-boxes/ CES 2010: First Android Set Top Boxes]." January 6, 2010. Retrieved September 21, 2011.</ref> |- | April 2011 || MIPS Technologies ports Google's Android 3.0, "Honeycomb", to the MIPS architecture<ref>Mark LaPedus, EE Times. "[http://www.eetimes.com/electronics-news/4215490/MIPS-gets-sweet-with-Honeycomb Update: MIPS gets sweet with Honeycomb]." April 26, 2011. Retrieved November 4, 2011.</ref><ref>Peter Clarke, EE Times. "[http://www.eetimes.com/electronics-news/4214677/Android-remains-processor-neutral--says-MIPS MIPS: Android remains processor neutral]." April 1, 2011. Retrieved November 4, 2011.</ref> |- | August 2012 || MIPS Technologies ports Google's Android 4.1, "Jelly Bean". With Indian company [[Karbonn Mobiles]] announces world's second tablet running Android 4.1.<ref>{{cite web |website=[[PC World]] |url=http://www.pcworld.com/article/260181/second_tablet_with_googles_android_41_ships_for_around_125.html |title=New Google Jelly Bean 7-inch Tablet Sells for $125 Overseas |first=Agam |last=Shah |date=1 August 2012}}</ref> |- | February 8, 2013 || MIPS Technologies is sold to Imagination Technologies for $100 million.<ref>Imagination Technologies "[http://www.imgtec.com/news/release/index.asp?NewsID=724 Acquisition of MIPS Technologies completed] {{Webarchive|url=https://web.archive.org/web/20131002214436/http://www.imgtec.com/news/Release/index.asp?NewsID=724 |date=October 2, 2013 }}." February 8, 2013. Retrieved October 25, 2013.</ref> |- | September 22, 2017 || MIPS business is sold by Imagination Technologies to Tallwood Venture Capital as Tallwood MIPS Inc. for $65 million.<ref name="bloomberg20170922">{{ cite news | url=https://www.bloomberg.com/news/articles/2017-09-22/imagination-technologies-agrees-to-takeover-by-canyon-bridge | title=Imagination Technologies Agrees to Takeover by Canyon Bridge | date=22 September 2017 | access-date=3 October 2017 }}</ref> |- | June 2018 || MIPS Tech Inc. is acquired by Wave Computing.<ref name="top500_mips">{{ cite web | url=https://www.top500.org/news/mips-acquired-by-ai-startup-wave-computing/ | title=MIPS Acquired by AI Startup Wave Computing | date=16 June 2018 | access-date=4 August 2019 }}</ref> |- | May 2019 || Art Swift is appointed CEO of Wave Computing.<ref>{{Cite web|last=Computing|first=Wave|date=2019-05-08|title=Wave Computing® Appoints Industry Veteran Art Swift as CEO|url=https://www.globenewswire.com/en/news-release/2019/05/08/1819603/0/en/Wave-Computing-Appoints-Industry-Veteran-Art-Swift-as-CEO.html|access-date=2021-12-31|website=GlobeNewswire News Room|language=en}}</ref> |- | September 2019 || After Swift quietly leaves Wave Computing after four months, [[Sanjai Kohli]] is appointed as the new CEO.<ref>{{Cite web|date=2019-10-01|title=MIPS' Future in Doubt After CEO Leaves Wave|url=https://www.eetindia.co.in/mips-future-in-doubt-after-ceo-leaves-wave/|access-date=2021-12-31|website=EE Times India|language=en}}</ref> |- | April 2020 || Wave Computing files for bankruptcy.<ref>[https://semiwiki.com/ip/284876-wave-computing-and-mips-waves-goodbye/ Wave Computing and MIPS waves goodbye] April 19, 2020. Retrieved March 11, 2021.</ref> |- | March 2021 || Wave Computing emerges from bankruptcy, renames itself as "MIPS" and joins [[RISC-V]] International. Development of the MIPS architecture ceases. All future designs are announced to be based on the [[RISC-V]] architecture.<ref>[https://www.eejournal.com/article/wait-what-mips-becomes-risc-v/ MIPS becomes RISC-V] March 8, 2021. Retrieved March 11, 2021.</ref><ref name="prnewswire20210301">{{ cite press release | url=https://www.prnewswire.com/news-releases/wave-computing-and-mips-emerge-from-chapter-11-bankruptcy-301237051.html | title=Wave Computing and MIPS emerge from chapter 11 bankruptcy | date=1 March 2021 | access-date=11 March 2021 }}</ref> Sanjai Kohli continues as MIPS CEO.<ref name="prnewswire20210301"/> |- |May 2022 |MIPS announced its first RISC-V CPU IP cores, the eVocore P8700 and I8500 multiprocessors.<ref name=":0" /> |- |September 2023 |Sameer Wasson is appointed MIPS CEO.<ref name=":2" /> |- |January 2024 |MIPS adds two former [[SiFive]] executives to its executive team, appointing Drew Barbier as VP of products and Brad Burgess as chief architect.<ref>{{Cite web |last=Robinson |first=Dan |title=MIPS picks up former SiFive execs in RISC-V drive |url=https://www.theregister.com/2024/01/03/mips_sifive_hires/ |access-date=2024-01-04 |website=www.theregister.com |language=en}}</ref> |}
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