Chip Startup Shuts Its Doors


Calxeda, a high-profile developer of ARM-based chips for servers and other products, has shut its doors and effectively ceased operations. As part of the move, the startup has laid off nearly all of its 130 employees amid what it calls a restructuring period. Founded in 2008, Calxeda has raised around $103 million in funding, and has been selling ARM-based server chips in an emerging but inc... » read more