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Wave Computing, MIPS emerge from bankruptcy March 02, 2021 // By Peter Clarke Processor IP company Wave Computing Inc. and its subsidiaries, including MIPS Technology, have emerged from Chapter 11 bankruptcy protection. The restructured business will be known as MIPS and focus on the RISC-based processor architectures originally developed by MIPS and extensively licensed out. MIPS is developing an eighth-generation architecture  based on the open-source RISC-V processor standard. Under a plan approved by the United States Bankruptcy Court for the Northern District of California the majority of creditors will receive a meaningful recovery of debts owed. Tallwood Ventures won a bankruptcy auction of Wave Computing assets held in December 2020 with a restructuring bid valued at $61 million. Tallwood will take majority ownership of the reorganized company. Sanjai Kohli will continue to lead MIPS as CEO.

United statesSanjai kohliUnited coUnited states bankruptcy courtNorthern districtWave computingPrestige century investmentsஒன்றுபட்டது மாநிலங்களில்சஞ்சய் கோஹ்லிஒன்றுபட்டது இணைஒன்றுபட்டது மாநிலங்களில் திவால்நிலை நீதிமன்றம்வடக்கு மாவட்டம்அலை கணினிப்ரெஸ்டீஜ் சிஇஎன்டியுவ்ஆர்ஒய் முதலீடுகள்