newsbytes@clarinet.com (01/14/90)
SUNNYVALE, CALIFORNIA, U.S.A., 1990 JAN 11 (NB) -- Digital Equipment Corporation (DEC) is buying further into MIPS by purchasing 317,016 shares of the company's stock, pushing its total holding to about 5 percent. The purchase is reported to have cost DEC around $5.2 million Kubota, a Japanese manufacturer of computers, has also purchased MIPS stock to the tune of $9.985 million. Kubota's current share of MIPS amounts to 18 percent of the company. MIPS' shares are worth $16.37 at current trading levels. The company specializes in the manufacture of high end computers based on RISC (reduced instruction set computer) chips. (Peter Vekinis/19900113)