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Transmeta Closing Up Shop 413

Posted by Zonk
from the fair-thee-well dept.
Ashutosh Lotlikar wrote to mention an article on the Business 2.0 site stating that chip producer Transmeta is going out of business. From the article: "The company's Crusoe family of microprocessors promised lower power consumption and heat generation, enabling the creation of laptops with longer battery life. Critics bashed the chips for being underpowered compared with Intel's latest and greatest. Transmeta struggled to find a market, and recently it sold off most of its chipmaking business for $15 million to Culturecom Holdings, a Hong Kong company better known for publishing comic books."
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Transmeta Closing Up Shop

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