|
CSwitch Corp. President and CEO Doug Laird confirmed Friday (July 3) that the company halted operations in the last few weeks in an effort to conserve cash as it negotiated with potential buyers.
The full story is available on EE Times.com.
Laird said he was unable to provide details on the negotiations, other than to say CSwitch is talking to multiple companies and that there is "quite a bit" of interest.
It will be interesting to see what happens. Though the established programmable logic vendors have been active over the years in acquiring design tool firms and other supporting technologies, there has not (at least in recent times) been a strong tradition of acquiring other silicon vendors in this space. Were CSwitch to be acquired by a Xilinx Inc. or Altera Corp., how would the technology be incorporated into the buyer's product lineup?
Another intriguing idea is CSwitch being acquired by one of the other active programmable logic startups. Perhaps one of these firms believes it can gain some economies of scale through this type of acquisition, but it would seem that the same questions about incorporating the technology would exist.
CSwitch's CS90 Configurable Switch Array, which started shipping last year, generated significant interest when it was unveiled because of its claimed flexibility and performance advantages.
Guess we will have to keep an eye on this one...
|
