T-Platforms, the parent company of Russian chipmaker Baikal Electronics, has declared bankruptcy and is auctioning off its assets, including intellectual property related to Baikal processors, one of a few designers of CPUs and system-on-chips from Russia, reports CNews.
T-Platforms, a Russian company with ambitions to build exascale supercomputers and develop domestic CPUs, was officially declared bankrupt in October 2022.
T-Platform’s bankruptcy proceedings have led to the auctioning of various assets, including the intellectual property, patents, and shares of Baikal Electronics.
The IP is related to the development of Baikal processors, which rely on the Arm and MIPS instruction set architectures.
This is perhaps because Baikal used to develop CPUs and SoCs that were subsequently produced by TSMC, and the latter can no longer work with Russian companies due to export curbs imposed by the Taiwanese government following Russia’s full-scale invasion of Ukraine in late February 2022.
Despite the outdated technology and market skepticism, the auction is proceeding, and it remains to be seen who will acquire these assets and for what purpose.
The original article contains 334 words, the summary contains 170 words. Saved 49%. I’m a bot and I’m open source!
This is the best summary I could come up with:
T-Platforms, the parent company of Russian chipmaker Baikal Electronics, has declared bankruptcy and is auctioning off its assets, including intellectual property related to Baikal processors, one of a few designers of CPUs and system-on-chips from Russia, reports CNews.
T-Platforms, a Russian company with ambitions to build exascale supercomputers and develop domestic CPUs, was officially declared bankrupt in October 2022.
T-Platform’s bankruptcy proceedings have led to the auctioning of various assets, including the intellectual property, patents, and shares of Baikal Electronics.
The IP is related to the development of Baikal processors, which rely on the Arm and MIPS instruction set architectures.
This is perhaps because Baikal used to develop CPUs and SoCs that were subsequently produced by TSMC, and the latter can no longer work with Russian companies due to export curbs imposed by the Taiwanese government following Russia’s full-scale invasion of Ukraine in late February 2022.
Despite the outdated technology and market skepticism, the auction is proceeding, and it remains to be seen who will acquire these assets and for what purpose.
The original article contains 334 words, the summary contains 170 words. Saved 49%. I’m a bot and I’m open source!