January 6, 2010 (FinancialWire) — MIPS Technologies, Inc. (NASDAQ: MIPS), a provider of industry-standard processor architectures and cores for digital consumer, home networking, wireless, communications and business applications, said that ViXS Systems Inc. has partnered with MIPS to enable advanced set-top box, connected TV, Blu-ray disc and video network processor applications including transcoding functionality using the MIPS32(R) 74K and 1004K platforms.

A leader in innovative and advanced networked multimedia solutions, ViXS has leveraged these platforms to help customers develop next-generation IPTV and cable set-top boxes, advanced multimedia gateways and Blu-ray disc players/recorders – markets where MIPS Technologies holds the number one market position.

According to research firm Parks Associates, demand for interactive and personalized television services are expected to push annual worldwide set-top box shipments over 200 million by 2013, as providers overhaul their current base with next-generation models capable of supporting applications such as time- and place-shifting and Internet-based offerings.

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