MathStar, Inc. (MathStar) was a fabless semiconductor company engaged in the development, marketing and selling of its programmable platform field programmable object arrays (FPOA) chips and design tools required to program its chips. On May 20, 2008, the Company suspended research and development activities. As of September 30, 2008, the Company had ceased all operations in Minnesota. As of December 31, 2008, MathStar had engaged a third party investment banking firm to explore the sale of intellectual property and patents and potential merger and acquisition alternatives.