Tabula Closes its Doors

I heard a rumor at lunchtime that Tabula was closing its doors. A friend of mine talked to a couple of employees and it is true. They have to be given 2 months notice apparently so the doors don't actually close until March 24th. I thought they had raised $150M but Wikipedia (not always reliable of course) says $215M. They were one of Intel's first foundry customers (at 22nm) and Intel capital provided some of that money. It was founded in 2003 by Steve Teig who had been CTO of Cadence. I saw a presentation about the technology at DAC organized by CEDA a couple of years ago.

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