 After developing the R2000 and R3000 microprocessors, a management change brought along the larger dreams of being a computer vendor.The company found itself unable to compete in the computer market against much larger companies and was struggling to support the costs of developing both the chips and the systems (MIPS Magnum).To secure the supply of future generations of MIPS microprocessors (the 64-bit R4000), SGI acquired the company in 1992 for $333 million and renamed it as MIPS Technologies Inc., a wholly owned subsidiary of SGI.