Cadence shuts down VC arm, Telos Venture Partners

Semiconductor-design firm Cadence Design Systems Inc. is shutting down its venture arm, Telos Venture Partners, according to regulatory filings cited by the WSJ story written by Rebecca Buckman today.

Interesting, because the site is still up.

Telos explains on its web site: Telos is a Greek word meaning successfully reaching one’s objectives. As an early stage venture capital company striving to help technology companies succeed, the name is very apropos.

Hmmm, maybe it met its objectives?

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