Calxeda, the ARM-chip based server pioneer, seemingly buckled under the pressure of dishing out envisaged product lineup with outstripping fund supply has announced that it will be shutting down and proceed with restructuring.
The start-up, which wasn’t a small one, managed to strike partnerships with biggies like HP and Dell, hired as many as 130 people and managed to raise $90 million in funding. The company already shipped out 32-bit ARM-based server chips with 64-bit chips already in the pipeline.
However, after its latest funding round raising all but $0, things were not shaping up for Calxeda the way the company would have wanted. Further HP’s launched its ‘Project Moonshot’ servers powered by Intel’s Atom chips for the lack of 64-bit ARM processors from Calxeda.
Barry Evans, Company president, said in a statement: “Carrying the load of industry pioneer has exceeded our ability to continue to operate as we had envisioned.”
AllThingsD claims through its sources that both HP and Dell are evaluating options of buying out Claxeda patents to continue developing ARM SoC for their new servers.
The company has revealed that it won’t leave its existing customers stranded and is committed to customers who have their projects built around EXC-2000 systems-on-chips.
In a statement to AllThingsD Calxeda said, “We wanted to let you know that Calxeda has begun a restructuring process. During this process, we remain committed to our customer’s success with ECX-2000 projects that are now underway.”
