Bookmark and Share


Even though financial condition of Advanced Micro Devices is far from being positive, the company has decided to support Transmeta Corp. with a strategic investment to help the smaller chip designer to proceed with the development of its power-saving technologies, which may eventually be used by AMD as well.

Transmeta Corp. will receive $7.5 million from AMD in exchange for Transmeta preferred stock.

“Transmeta has been an innovative force in the industry for more than a decade. […] Our investment will support Transmeta’s technology development work and AMD’s efforts to leverage Transmeta’s innovative energy-efficient technologies to the benefit of AMD’s customers,” said Dirk Meyer, president and chief operating officer of AMD.

Even though the results of the transaction are not announced, it is highly likely that AMD may eventually secure certain patents from Transmeta on power-saving technologies, which will allow the company to implement them into its own designs as well as to ban their usage by Intel Corp., with which Transmeta already has a legal dispute, in case Transmeta ceases to exist.


Comments currently: 2
Discussion started: 07/09/07 07:30:59 AM
Latest comment: 07/09/07 04:09:06 PM

Add your Comment

Related news

Latest News

Monday, July 21, 2014

12:56 pm | Microsoft to Fire 18,000 Employees to Boost Efficiency. Microsoft to Perform Massive Job Cut Ever Following Acquisition of Nokia

Tuesday, July 15, 2014

6:11 am | Apple Teams Up with IBM to Make iPhone and iPad Ultimate Tools for Businesses and Enterprises. IBM to Sell Business-Optimized iPhone and iPad Devices

Monday, July 14, 2014

6:01 am | IBM to Invest $3 Billion In Research of Next-Gen Chips, Process Technologies. IBM to Fund Development of 7nm and Below Process Technologies, Help to Create Post-Silicon Future

5:58 am | Intel Postpones Launch of High-End “Broadwell-K” Processors to July – September, 2015. High-End Core i “Broadwell” Processors Scheduled to Arrive in Q3 2015

5:50 am | Intel Delays Introduction of Core M “Broadwell” Processors Further. Low-Power Broadwell Chips Due in Late 2014