Low power consumption CPU manufacturer Transmeta has announced they will be "streamlining its operations", in other words giving up on its core processor manufacturing business and focusing on developing and licensing intellectual property.

Although Transmeta processors did receive a few design wins during the past few years on ultra-portable laptops, blade servers, and tablet PCs, ultimately it was not enough to keep the company alive. It is also believed that Transmeta failed to keep its promise with their Crusoe processor which although showed power saving improvements over AMD and Intel offerings, was ultimately lacking on performance throughput and battery life savings.

After seeing a few major bumps in the road, Transmeta decided to file a lawsuit against Intel on October 2006, claiming they had infringed on its patents covering computer architecture and power efficiency technologies. This lawsuit involves not only recent Pentium M and Core processors but goes as back as the Pentium III.