Transmeta sold for $255 million

By Justin Mann on
In a move that anyone who followed the company saw coming, Transmeta has finally found itself at the end of an acquisition. The intellectual property firm today announced it has reached an acquisition agreement with Novafora for around $255.6 million in cash, with no particular mention as to what exactly the plans post-acquisition are. One thing is clear, Transmeta will no longer be able to enter licensing agreements with other companies as they wish.

The last big deal that Transmeta will be pulling off is a patent licensing agreement with AMD, which will see the chip maker return a sizable amount of Transmeta stock to the company. Few other details are mentioned, with no information on how this will impact existing licensing deals that the company has with Nvidia and others.

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.