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DEC 20, 2013 - Business Insider

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Calxeda Closes Its Office: The Sad Story Of One Of The Most Innovative Companies In Years

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. "We have not filed for bankruptcy. We are restructuring and will know more as that process progresses. In the meantime, we are closing the office to preserve cash," Karl Freund, vice president of marketing for Calxeda told Business Insider. We have pressed Freund for details on how many employees are affected and if any are being laid off. We will update when he responds. Calxeda, based in ... Read More

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