MIPS CEO Sameer Wasson (image: MIPS)
What’s at stake:
MIPS, a storied CPU IP core company with a tortuous business/management history, is writing a new chapter under the watch of new CEO Sameer Wasson, formerly an executive at Texas Instruments. Can he lift MIPS from oblivion to relevance and solid growth? Wasson’s first order of business is to explain to the world who MIPS really is today.
Three months in, Wasson told The Ojo-Yoshida Report, “We just got started. We have a lot of work ahead of us.” The MIPS plan includes beefing up its work force from 62 when Wasson joined to “just under 100” by year’s end.
The Ojo-Yoshida Report picked up chatter this week that recent layoffs at SiFive have served as a source of talents for MIPS. We asked Wasson if some ex-SiFivers have migrated to MIPS. Wasson said, “We have hired some people who were let go. But we’re also hiring more people who are not let go.”
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