12 January 2014

Calxeda Closes, Ran Out of Cash

What kills most startups? It simply runs out of cash --

Calxeda Closes Its Office: The Sad Story Of One Of The Most Innovative Companies In Years - Houston Chronicle: "Calxeda, the company that pioneered the concept of making corporate data center computers run on the same low-power chips that power your smartphone, has closed its doors, executives told Business Insider."

Here's the money quote:
Calxeda used a format called 32-bit. Most enterprise software is written for 64-bit, so not a lot of enterprise software worked with Calxeda. ARM Holding recently created new designs for a 64-bit chip, but Calxeda couldn't get its version manufactured before 2014, and it simply ran out of cash, Linley Gwennap, principal of the market watcher Linley Group, told EE Times' Rick Merritt.
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