Tachyum Opens Expanded Headquarters in San Jose, California
03/08/2018
Previously located in Campbell, California, Tachyum said its new facilities will better enable the company to develop, market and sell its disruptive products that tackle the most pressing global issues in data centers today.
Tachyum's new global headquarters are located less than 7.5 miles from Norman Y. Mineta San Jose International Airport. The company continues to seek high-talent contributors to join the Tachyum team.
According to company officials, Tachyum's Cloud Chip, is expected to reduce server hardware capital expenditure by 3x, server power consumption by 10x, and reduce server rack space by more than 90 percent. Total annual cost of ownership for data centers using Tachyum Cloud Chips is expected to be 4x lower. To facilitate the move, Tachyum received funding from IPM Growth, the venture capital division of InfraPartners Management, a global multi-asset class fund management and advisory firm.
"As we rapidly progress in the development of our Cloud Chip product, it was imperative that we secure a larger, more conveniently located headquarters to handle our 2018 staffing plans," said Tachyum CEO Dr. Radoslav "Rado" Danilak.
"We expect rapid company growth after unlocking the unprecedented performance, power efficiency and cost advantages with our Cloud Chip, to solve the world's most complex problems in data centers. Having a new headquarters will make it easier to serve our customer base,” Danilak said.
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