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Chip startup Tachyum files for bankruptcy

Original: Tachyum, developer of heavily-delayed universal Prodigy processor, voluntarily files for bankruptcy — future of Prodigy

Tachyum, the Slovak-linked chip developer behind the long-delayed universal Prodigy processor, has voluntarily filed for bankruptcy, with a court in Bratislava initiating proceedings. The company had repeatedly missed production targets for the Prodigy chip, and the future of its intellectual property is now uncertain as the bankruptcy process gets underway.

Why now: The bankruptcy of a long-hyped chip startup raises questions about the fate of its much-delayed Prodigy processor and its intellectual property.

TachyumProdigyBratislava

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