AMD Invests $7.5M in Transmeta 82
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."
Re:Anyone remember blacked out building windows (Score:5, Funny)
AMD, the crappy Voltron (Score:5, Funny)
Re:Makes sense... (Score:3, Funny)
The amazing thing to me is that people who were smart enough to make their own processor that can "emulate" another, weren't smart enough to realize that the performance would suck. Perhaps the original founders and investors got rich anyway.
Re:Anyone remember blacked out building windows (Score:4, Funny)
Re:AMD, the crappy Voltron (Score:2, Funny)
Re:blog. $$$ (Score:5, Funny)
50 million?! Do I look like I'm desperate here. Try better next time.