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Transmeta buyer closes its doors

Posted on Thursday, August 06 2009 @ 17:35:30 CEST by

Bright Side of News reports Novafora has closed its doors, this is the company that bought Transmeta in late 2008.
Recently, we heard that Novafora buckled under financial pressure from its investors. The company that claimed to have a safe financial net with investors having more than 1.3 billion USD in the bank just ate too big of a cake. Allegedly, acquisition of Transmeta and the associated costs combined with the situation on the market were too great for a small company such as Novafora, and the company is closing its doors. We e-mailed Novafora representatives on their e-mail accounts and heard no response since. A week was more than enough time to respond, but now we are certain that the game is over at Novafora.



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