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Where is Transmeta Heading?

Autoversicherung writes "Transmeta, once the darling of Silicon Valley, employer of Linus Torvalds and heralded as the new Intel is facing bleak times. Having $53.7 million in cash and short-term investments in its coffers, enough for just under two quarter's worth of operations and a reported net loss of $28.1 million and revenues of $11.2 million for the fourth quarter of 2004 the company's future is everything but certain. Will the planned restructuring to a pure IP company help?"

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  1. As a pure IP company... by linux_haxor · · Score: 3, Funny

    Transmeta must follow the example of another IP only company SCO and begin claiming ownership of everything and sueing everying in site before they run out of cash