Xeon E5540 's Advantages
Higher specification of memory (1066 vs 3)
Higher base frequency (2.533GHz vs 2.5GHz)
Intel Xeon E3 1265L v2 's Advantages
Released 3 years and 2 months late
Newer PCIe version (3 vs 2)
More modern manufacturing process (22nm vs 45nm)
Lower TDP (45W vs 80W)