Parallel coprocessor developer Clearspeed Technology Plc is in line for design wins with processor developers Intel and AMD as multi-core processing takes off, boosted by demand for customers with fast and heavy processing requirements, such as financial markets, biotechnology, aerospace, and oil and gas.
The Bristol, UK-based company, which says its boards can bring supercomputer-like power to regular low-cost servers by taking over much of the floating point grunt work, is now shipping its first silicon supplied by foundry partner IBM Corp.
Though it claims to have deals with 10 OEMs, the company doesn’t reveal names. Nor are its figures any guide to future performance, since its only revenue comes from design work for OEMs to integrate its co-processor into their products. In the six months to June 30, the net loss rose from 1.9m pounds ($3.4m) to 2.7m pounds (4.8m) on revenue of 146,000 pounds (257,916) up from 61,000 pounds ($107,759).
Chief executive Tom Beese said the company has strong and growing links with both Intel and AMD. He said its CSX600 processors offer up to a five-times increase in performance while using as little as 10% of the power consumption of existing processors undertaking the same task. This means a computer that once needed a whole building with specialized cooling systems can now fit into a single room with standard cooling.