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MIPS Technologies Appoints VP

SUNNYVALE, Calif. — MIPS Technologies, Inc. (Nasdaq:MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, today announced that semiconductor industry veteran Dave Singhal has joined MIPS as vice president of corporate development and strategy. Reporting to MIPS Technologies CEO Sandeep Vij, Singhal will drive business expansion and strategic initiatives for the company.

Mr. Singhal brings to MIPS Technologies more than 20 years of experience with both early-stage and established companies. He joins MIPS from Cisco, where in his role as director in the corporate development and strategy organization, he drove vision, incubation and investment in cloud visual processing, 3D, streaming inference, mobile, and other advanced areas.

“We are pleased to welcome Dave to MIPS Technologies at this important time in the company's development. We have a leading position in the digital home, a strong and growing share in the networking market, and are making aggressive inroads into the market for mobile devices. As we expand our footprint in these key areas, MIPS will benefit greatly from Dave's rare combination of business acumen and deep technology expertise,” said Vij.

According to Singhal, “To succeed and grow amidst constantly changing industry dynamics, fierce competition and the lightning-fast pace of innovation, companies must use all of the resources at their disposal—from internal development to partnerships to investment and M&A. With MIPS, I've joined the maker of the most efficient high-performance processor architecture in the world. My goal is to drive partnerships and investments in our ecosystem to accelerate growth of that ecosystem and further proliferation of the MIPS architecture. The ultimate goal is to progressively increase the value we are delivering to customers and shareholders.”

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