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Novafora completes acquisition of Transmeta
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Posted on Friday, January 30 2009 @ 00:30:02 CET by Thomas De Maesschalck |
Theo Valich reports Novafora has completed the acquisition of Transmeta. The Israeli-backed company plans to use Transmeta's IP to create chips for video content processing for the Internet era.
The company that started its life as a “software CPU developed with Linus Torvalds” is now completing its journey from a VC-backed venture, successful IPO, failed product, lingering between lawsuits and finally, selling its IP until the finances finally ran out.
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