January 27, 2010 (FinancialWire) — MIPS Technologies, Inc. (NASDAQ: MIPS), a provider of industry-standard processor architectures and cores for home entertainment, communications, networking and portable multimedia markets, said the MIPS Technologies board of directors has appointed Sandeep Vij as president, chief executive officer and director.

Vij succeeds Interim CEO Anthony B. Holbrook, who will continue to serve as chairman of MIPS Technologies’ board of directors.

Vij has more than 20 years of senior-level management and marketing experience in the semiconductor industry. Prior to joining MIPS Technologies, he was vice president and general manager of the Broadband and Consumer Division of Cavium Networks, a MIPS architecture licensee and provider of highly-integrated semiconductor products that enable intelligent processing in networking, communications, and connected home applications.

Prior to his role at Cavium Networks, Vij was on the executive staff of Xilinx Inc. During his 12-year tenure at Xilinx, Vij was instrumental in growing the company’s business by 3X to over $1.8 billion per year and enabling it to become the industry’s largest programmable logic vendor. As vice president and general manager of its General Products Division, Vij had profit and loss responsibility for Xilinx’s high-volume products, managing all aspects of product planning, integrated circuit design, product engineering, technology implementation, manufacturing strategy and marketing.

Vij also pioneered and managed Xilinx’s successful vertical markets businesses by developing high-level intellectual property solutions for the wired and wireless communications, storage, server, consumer, audio/video/broadcast, industrial, scientific and medical markets. He also held the position of vice president of worldwide marketing, services and support, where he was responsible for Xilinx’s worldwide marketing, business operations and support activities across all divisions, products, end markets, channels and geographies.

Prior to Xilinx, Vij spent five years in various senior roles at Altera Corp. where he helped grow its business by 5X to over $400 million per year. Vij is a graduate of General Electric’s Edison Engineering Program and Advanced Courses in Engineering. He sits on the board of directors of Coherent Inc., the world’s leading manufacturer of lasers and photonics for commercial and scientific research applications. Vij holds an MSEE from Stanford University and a BSEE from San Jose State University.

MIPS Technologies, Inc. (NASDAQ: MIPS) is a provider of industry-standard processor architectures and cores that power some of the world’s most popular products for the home entertainment, communications, networking and portable multimedia markets.

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