Transmeta Microprocessor Chip Business for Sale
Transmeta, the microprocessor chip maker that once challenged AMD and Intel, is up for sale, according to papers filed with the U.S. SEC (Securities and Exchange Commission). Transmeta once challenged Intel and AMD in the chip market, but the company has fallen on hard times and now relies on revenue from licensing processor chip patents and intellectual property, including the energy and power saving features of Transmeta’s LongRun 2 microprocessor chip technology. Transmeta signed a new agreement with Intel to license more processor technology.
- Transmeta, which once challenged Intel by producing a line
of low-power processors for desktops and notebooks, is putting itself up for
sale and is actively seeking a buyer for what remains of its intellectual property,
according to a new filing with the U.S. Securities and Exchange Commission.
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