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Transmeta Up For Sale

Posted by timothy on from the when-a-name-bespeaks-transition dept.

arcticstoat writes "After giving up on the CPU manufacturing business in 2005, low-power CPU designer Transmeta has announced that it's up for sale. In a statement, the processor company that brought us the mobile Crusoe and Efficeon series of CPUs said that it has 'initiated a process to seek a potential sale of the Company.' The announcement came straight after Transmeta reached a legal agreement with Intel over Transmeta's intellectual property and patents, which includes Intel making a one-off payment of $91.5 million US to Transmeta before the end of this month, as well as annual payments of $20 million US every year from 2009 through 2013."

10 of 112 comments (clear)

  1. Sold for $50! by Anonymous Coward · · Score: 1, Funny

    Meaning, you pay me $50and I'll haul it away.

  2. Don't give the fed any ideas by Anonymous Coward · · Score: 1, Funny

    I hear congress is proposing paying SS benefits in Flooz.

  3. I'll take it! by KC1P · · Score: 3, Funny

    As long as they don't mind if I pay them later. How's $19 million a year sound?

    1. Re:I'll take it! by No2Gates · · Score: 2, Funny

      I'll give them 500 shares of Lehman Brothers stock and my Star Wars collection.

      --
      Every time you call tech support, a little kitten dies.
  4. Re:They should put it up on ebay by TubeSteak · · Score: 5, Funny

    Seriously, it would be an interesting experiment, to auction it publicly.

    And what company is going to pay over $100 million using paypal?

    --
    [Fuck Beta]
    o0t!
  5. Re:They should put it up on ebay by eclectro · · Score: 5, Funny

    And what company is going to pay over $100 million using paypal?

    If they happen to own some subprime securities, the federal government will.

    --
    Take the cheese to sickbay, the doctor should see it as soon as possible - B'Elanna Torres, "Learning Curve"
  6. Sell the company in parts by EmbeddedJanitor · · Score: 4, Funny
    ebay is not a bad idea, but sell off some of the physical assets.

    "You can own this Transmeta chair. Linus might have sat in it."

    --
    Engineering is the art of compromise.
    1. Re:Sell the company in parts by Spy+der+Mann · · Score: 5, Funny

      "You can own this Transmeta chair. Linus might have sat in it."

      I'LL BUY IT!!!!
      - Steve Ballmer.

    2. Re:Sell the company in parts by timbck2 · · Score: 2, Funny

      ROFL! You, sir, owe me a new monitor & keyboard!

      Mod parent up, please!

      --
      Absurdity: A statement or belief manifestly inconsistent with one's own opinion. -- Ambrose Bierce
  7. ... and the U.S. government is buying! by PolygamousRanchKid+ · · Score: 3, Funny

    How convenient!

    If you are pissing away $700 billion, a company like Transmeta costs chump-change.

    Why the hell not?

    --
    Schroedinger's Brexit: The UK is both in and out of the EU at the same time!