Diablo Technologies in Ottawa, Canada, Files for Bankruptcy

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Ottawa-based Diablo Technologies files for bankruptcy
Despite winning a long legal battle against a U.S. competitor and reportedly raising more than $99 million from investors, Ottawa, ONT, Canada-based Diablo Technologies has closed its doors after almost 15 years in business.
According to documents provided to OBJ by trustee Ernst & Young, the semiconductor firm officially filed for bankruptcy on Dec. 8. The documents list zero assets for the firm, save for $39,867 cash-in-hand.

Note: Diablo’ web site is not any more available