Xeon E5540 's Advantages
Higher base frequency (2.533GHz vs 1.8GHz)
Intel Xeon E5 2648L v3 's Advantages
Released 5 years and 6 months late
Higher specification of memory (2133 vs 1066)
Newer PCIe version (3 vs 2)
Larger L3 cache size (30MB vs 8MB)
More modern manufacturing process (22nm vs 45nm)
Lower TDP (75W vs 80W)