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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (63400)	5/2/2002 11:53:45 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Another network processor vendor calls it quits By Craig Matsumoto EE Times May 2, 2002 (5:58 p.m. EST) commsdesign.com SAN MATEO, Calif. — Clearwater Networks Inc. (San Jose, Calif.) has closed its doors, marking another fatality in the high-end network processor market. The company had been struggling for several months, as it apparently ran out of funding before it could bring its ambitious chip to market. Clearwater officials could not be reached for comment. The company's phones have been disconnected, and its Web site appears to have vanished. Dado Banatao, the Tallwood Venture Capital partner who had taken the CEO duties at Clearwater, was traveling this week and did not return a call for comment. Formerly named XStream Logic Inc., Clearwater was developing a complex 10-Gbit/second network processor based on simultaneous multithreading, an architecture that would keep multiple processing units busy at all times. The company also had developed a memory subsystem to minimize DRAM bank conflicts and thereby minimize delays in packet processing.