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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."

4 of 112 comments (clear)

  1. They should put it up on ebay by j-pimp · · Score: 4, Informative

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

    --
    --- Justin Dearing http://www.justaprogrammer.net/ We're just programmers.
  2. Re:Don't worry Linus by Puffy+Director+Pants · · Score: 4, Informative

    Actually he left Transmeta about 5 years ago to work for OSDL which is now the Linux Foundation.

  3. confused by unityofsaints · · Score: 4, Informative

    ... and this is in YRO why exactly?

  4. Since when is Ebay a stock exchange? by JSBiff · · Score: 4, Informative

    If you want to sell a company at Auction, there's already 3, well-regulated, well-defined places to do it at - The New York Stock Exchange, The Nasdaq Stock Exchange, and the American Stock Exchange.

    Seriously, how is selling a company at auction an interesting experiment? They've been doing it for hundreds of years.