CEO: CSwitch halted operations, seeks buyer
(07/03/2009 1:29 PM EDT)
SAN FRANCISCO -- As had been rumored, programmable logic startup CSwitch Corp. has ceased operations and is looking to be acquired, the company's top executive confirmed Friday (July 3).
CSwitch President and CEO Doug Laird told EE Times that investors made the decision to temporarily halt operations sometime within the last few weeks. The move was made to conserve cash as investors initiated efforts to sell the company, Laird said.
Laird said CSwitch (Santa Clara, Calif.) is in negotiations with multiple companies interested in acquiring the firm. Because the negotiations are ongoing, Laird said he could not provide further details at this time.
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
|
Related News
- Logic Fruit Technologies Inc. Excitedly Welcomes Mr. Akshaya Sharma as the new CEO of US Operations
- BrainChip Gives the Edge to Search and Rescue Operations
- BrainChip Gives the Edge to Search and Rescue Operations
- Kandou AI Appoints Srujan Linga as CEO and Amin Shokrollahi as CTO
- Intel's New CEO Called "Strong Choice" to Respin Company
Breaking News
- Arteris Joins Intel Foundry Accelerator Ecosystem Alliance Program to Support Advanced Semiconductor Designs
- SkyeChip Joins Intel Foundry Accelerator IP Alliance
- Siemens and Intel Foundry advance their collaboration to enable cutting-edge integrated circuits and advanced packaging solutions for 2D and 3D IC
- Cadence Expands Design IP Portfolio Optimized for Intel 18A and Intel 18A-P Technologies, Advancing AI, HPC and Mobility Applications
- Synopsys and Intel Foundry Propel Angstrom-Scale Chip Designs on Intel 18A and Intel 18A-P Technologies
Most Popular
- QuickLogic Delivers eFPGA Hard IP for Intel 18A Based Test Chip
- Siemens collaborates with TSMC to drive further innovation in semiconductor design and integration
- Aion Silicon Joins Intel Foundry Accelerator Design Services Alliance to Deliver Next-Generation Custom SoCs at Scale
- TSMC Unveils Next-Generation A14 Process at North America Technology Symposium
- BOS Semiconductors to Partner with Intel to Accelerate Automotive AI Innovation