Business Calxeda reported to be out of business
2013/12/20A blow to ARM’s plans in the server space is this morning’s news that Calxeda has shut down.
Calxeda developed ARM- based ICs for servers. The company is said to have raised $90million in three funding rounds but, when it went for a fourth round, it failed.
Investors include: Austin Ventures, Vulcan Capital, ARM Holdings and Highland Capital and Advanced Technology Investment Company.
The speculation is that HP and Dell, which are planning ARM-based microservers, May pick up the IP.
The company employs z125 people.
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