The Acorn Group, the self-styled technology design company, has scrapped its #2 million Risc PC 2 project, and will cut 40 per cent of its staff.
The group wants to focus on digital television and thin client components. It will continue to sell its existing desktop ranges, notably the Risc PC, but will transfer its logistics and systems activities to Xemplar, its 50:50 joint venture with Apple.
Acorn will also cut its non-engineering staff by around two thirds, and place its engineering staff onto direct revenue earning design and consultancy work. Employee numbers will be cut from 175 to 100.
Chief executive, Stan Boland, said: "Acorn's ability to create very fast and powerful silicon and software design is increasingly being acknowledged. We are working hard to engage successfully in this market with a number of partners and potential partners."
Resetting the telemetry circuits and associated boards brought the instrument back to operations mode
Fortnite news and updates: Flaw in Fortnite authentication could have helped attackers steal player login credentials
Attackers could have used Fortnite security flaw to buy in-game currency on players' stored credit cards
New photos show cotton seeds sprouting in sealed container - with other plants expected to sprout within days
Sudden increases in availability of sniper rifles on Vikendi