Business Calxeda reported to be out of business

Business Calxeda reported to be out of business

2013/12/20

A 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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