IP asset sales in the Northwest
Oregon-based MathStar Inc. let it be known late last year that it would suspend operations, and investors urged liquidation of the company’s assets in early January. This week, Core Capital Group will begin selling the company’s intellectual property, centered on the Field Programmable Object Array, a programmable architecture with a granularity of programming element optimized for algorithmic processing. The company’s Arrix product line has moved into production with two generations, with a third generation in sampling and another in early design.
Several months after the technology crash of 2001, a variety of startups offered new FPGA architectures that optimized parallel-integer or DSP cores. MathStar has roots that go deeper than that. It was founded more than a decade ago, and has developed special algorithm suites for the Arrix family that are intended for specific graphic and video applications. The company is selling the Arrix MPOA family technology portfolio as a suite, but is also considering selling or licensing some specialized cores.
The sale of distressed assets will not end there. In November, parallel-programmable FPGA specialist Ambric Inc., a Beaverton neighbor of MathStar, announced that it was ceasing operations and offering assets for sale. Here’s hoping some of these innovative processing architectures can find a good home as their originators wind down operations. I have a feeling this is not the last of such offerings we will see in the FPGA and semicustom IC space.
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