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AMD Invests $7.5M in Transmeta
trouserless writes with the news that AMD has invested heavily in Transmeta. The power-conscious chip company has been financially ailing of late. AMD is taking payment in stock, binding the two companies (both with suits pending against Intel) together. PC World reports: "Transmeta did secure a few licensing deals, notably in Japan, but it also wracked up heavy losses. In January 2005 the vendor announced job cuts and said it would switch its focus to licensing its power management technology to other companies. Later that year Transmeta agreed to sell its Crusoe chips to Hong Kong company Culturecom Technology Ltd. for $15 million in cash. Last year's deal with AMD, to resell Transmeta chips in Microsoft Corp.'s pay-by-installment PC initiative, raised the vendor's prospects again. But in March Transmeta said it faced delisting from the Nasdaq because its stock price fell below $1 for more than 30 consecutive days."
Heh, they've fallen so far off the radar that Zonk doesn't realize there's a Transmeta topic!
What I'm listening to now on Pandora...
What's up with merging and investing in all these second tier companies? It's like AMD is trying to form some sort of crappy corporate Voltron.
"Things are more moderner than before- bigger, and yet smaller- it's computers-- San Dimas High School football RULES!"
"Transmeta had an interesting idea with the dynamic recompilation stuff, but it never really panned out. Their chips were light on power consumption, but they were dog slow the first couple of times you ran a program, and then they only crawled up to barely acceptable."
The amazing thing to me is that people who were smart enough to make their own processor that can "emulate" another, weren't smart enough to realize that the performance would suck. Perhaps the original founders and investors got rich anyway.
I don't think Zonk's radar is much of a benchmark.
I am a VC and would like to invest $50 million (FIFTY MILLION US DOLLARS) in your blog, please.
50 million?! Do I look like I'm desperate here. Try better next time.