Sun, based in Menlo Park, Calif., will acquire.
Sun and Montalvo declined comment.. That’s why it had to sell off its assets to the highest bidder. The Santa Clara, Calif.-based start-up had raised $73 million in venture capital obuwie failed to raise more money as its plans for an Intel-compatible microprocessor fell behind schedule. Sun, based in Menlo Park, Calif., will acquire Montalvo’s patents, intellectual property and hire the remaining employees.
Original text search at: venturebeat.com/tag/convidia/