SGI stays with MIPS at high-end
Posted by NTUsEr on 12 February 2002 - 20:18 · no comments & 104 views
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The MIPS R14000A is produced by its former subsidiary in 550MHz and 600MHz flavours with the latter delivering up to 37 per cent more applications performance than slower predecessors, according to SGI.
You can check out the press release Here. The refresh also demonstrates its "long term" commitment to the MIPS platform, Susan Tellep, product marketing director says in a press release.
As you probably recall, Rick Belluzzo, new broom SGI Chairman and CEO (and now Microsoft bigwig) said in 1998 the company would phase out MIPS in favour of Intel technology.
According to Immersion's website, at least five companies currently license its feedback technology for game controllers.
Separately, the company said it has promoted Vic Viegas, its chief financial officer, to president and chief operating officer.
The company also reported its fourth-quarter results on Monday, posting a net loss of $3m (£2.1m), or 16 cents per share, compared with a net loss of $5.4m or 29 cents per share in the year-earlier period. Revenue was $5.2m.
The company also said its quarterly burn rate had dropped under $500,000.
Besides video and PC gaming, the company also has operations in the automotive and medical industries.
Shares in Immersion closed unchanged at $4.50 on Nasdaq. Their 52-week high is $10.56 and their 52-week low is $2.22.