Update at 10:40 a.m. with background about why Nvidia licensed Transmeta's technology
Transmeta has licensed its LongRun and low-power chip technologies to graphics chip giant Nvidia for a one-time fee of $25 million. Nvidia is hoping tackle power consumption issues that dog its high-performance chips.
Transmeta, an erstwhile chip vendor turned intellectual property supplier, said Nvidia was granted a nonexclusive license to Transmeta's Long Run and LongRun2 technologies "and other intellectual property for use in connection with Nvidia products."
The agreement grants to Nvidia a license to all of Transmeta's patents and patent … Read more