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Router startup Celox shuts down

Posted: 23 Dec 2002 ?? ?Print Version ?Bookmark and Share

Keywords:celox networks? router? asic? sram? ibm?

Celox Networks Inc., the router startup, closed its doors as it prepared to liquidate assets. The company was one of the most broad-based customers of IBM Microelectronics, working with IBM on PowerPC cards, switching fabrics, SRAMs, and queuing ASICs.

Celox founder Manju Hegde and former chief executive Kent Mathy could not be reached for comment, but the company's website announced that Celox "has suspended operations and has begun the process of permanently closing the business."

When the company was founded in late 1999 by veterans of Dr. Jonathan Turner's packet-switching chip design team at Washington University here, carrier spending was still high, so its SCX-192 router was designed specifically for carrier environments.

While the company raised close to $180 million, it could not survive in what the web site called an environment in which carrier capital expenditures showed no signs of recovering.

Celox had R&D facilities in St. Louis, administrative facilities in Southborough, Massachusetts, and a research center in Bangalore, India.

- Loring Wirbel

EE Times

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