Novafora completes acquisition of Transmeta

Posted on Friday, January 30 2009 @ 0:30 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.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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