Transmeta Up For Sale 112
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."
Sold for $50! (Score:1, Funny)
Meaning, you pay me $50and I'll haul it away.
Don't give the fed any ideas (Score:1, Funny)
I hear congress is proposing paying SS benefits in Flooz.
I'll take it! (Score:4, Funny)
As long as they don't mind if I pay them later. How's $19 million a year sound?
Re:They should put it up on ebay (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?
Re:I'll take it! (Score:2, Funny)
I'll give them 500 shares of Lehman Brothers stock and my Star Wars collection.
Re:They should put it up on ebay (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.
Sell the company in parts (Score:5, Funny)
"You can own this Transmeta chair. Linus might have sat in it."
... and the U.S. government is buying! (Score:3, Funny)
How convenient!
If you are pissing away $700 billion, a company like Transmeta costs chump-change.
Why the hell not?
Re:Sell the company in parts (Score:5, Funny)
"You can own this Transmeta chair. Linus might have sat in it."
I'LL BUY IT!!!!
- Steve Ballmer.
Re:Sell the company in parts (Score:3, Funny)
ROFL! You, sir, owe me a new monitor & keyboard!
Mod parent up, please!