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MIPS wins Toshiba and NEC

Ten year agreements for 64-bit Ruby

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MIPS signed deals with both Toshiba and NEC to license its next generation of 64-bit chips. The chip, codenamed Ruby, is likely to be available by the end of 1999. The companies gave no financial details of the deals, and it is unclear what the processors will be used for. The deal will give MIPS some respite. Last year, Compaq announced it would no longer use its processors in its machines. ®

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