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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."
You do intend to say that Intel reminds you of SCO, right? Because in the late 1990's Intel had a problem, their CPUs doubled as toaster ovens. Back then it wasn't a huge problem in desktops, but laptops based on Intel CPUs were roasting a lot of wieners. The solution, read Transmeta's patents to find out how to make chips run cool and save energy. Now after investing time and money to develop something new and non-obvious Transmeta has the nerve to sue Intel! Intel should be able to take (steal) what they want from lousy patent trolls (valid patent holders), make a ridiculous profit, and maintain their monopoly. There's just no justice anymore. Not for Intel, Paris Hilton, or Scooter Libby!