SANTA CLARA/MOUNTAIN VIEW, Calif. -- PMC-Sierra, Inc. (Nasdaq:PMCS) and MIPS Technologies, Inc. (Nasdaq:MIPS) announced today that PMC-Sierra has deepened its investment in the industry-standard MIPS(R) architecture to include the MIPS32(R) 24K(TM) core family and the 4KEm(TM) core, the industry's highest performing line of 32-bit synthesizeable processor cores available for cost-sensitive embedded applications. PMC-Sierra, a leading provider of 64-bit MIPS-based(TM) microprocessor technology, will utilize its proven system expertise to deliver 32-bit MIPS-based products targeting high-growth embedded markets such as lower-end printers, communications, storage and digital video.
"By adding 32-bit, synthesizeable cores to our extensive MIPS-based microprocessor portfolio, we will be able to provide our customers with a comprehensive line of high-performance, low power products for very low-end, cost-sensitive applications up to very high-end networking and storage equipment," said John Monson, vice president of marketing for the Microprocessor Products Division at PMC-Sierra.
"A close partner and long-time licensee, PMC-Sierra is widely recognized as one of the leading providers of 64-bit solutions based upon the MIPS architecture," said Jack Browne, vice president of worldwide sales at MIPS Technologies. "With these latest licensing agreements, PMC-Sierra will leverage their MIPS-based system design expertise to deliver a compelling line of 32-bit products in markets requiring high performance at sensitive cost points. We are pleased with our growing relationship with PMC-Sierra and look forward to supporting their efforts to become the leader in embedded electronics."
PMC-Sierra Inc.
MIPS Technologies Inc.