MIPS Computer Systems Inc.MIPS Technologies Inc. (formerly MIPS Computer Systems Inc.) is most widely known for developing the MIPS architecture.
MIPS Computer Systems Inc. was founded in 1984 by a group of researchers from Stanford University. SGI acquired the company in 1992 and ran it as MIPS Technologies Inc. (MTI), a wholly owned subsidiary of SGI. MTI made an initial public offering on June 30, 1998, i.e. it was no longer wholely owned by SGI since the IPO. SGI spun it off completely on June 20, 2000 by distributing all its interest as stock dividend to the stock holders.