MIPS gained 6.2% on the day after activist investor Starboard Value, whose co-founder was named...

|About: MIPS Technologies, Inc. (MIPS)|By:, SA News Editor
MIPS gained 6.2% on the day after activist investor Starboard Value, whose co-founder was named Chairman of OPWV today, sent MIPS a letter declaring a 9.1% stake, nominating 4 board members, and urging the company to conduct share buybacks and "explore alternatives" for its intellectual property. (previously)