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Former Intel rival under attack
Transmeta, the erstwhile x86 chip competitor, is coming under attack from shareholders.
The fact that the company posted revenue of only $44,000 in the third quarter, "which included $43,000 of services revenue and $1,000 of license revenue for royalty payments" may or may not have anything to do with Friday's proposed buyout by Riley Investment Management, which owns over 6 percent of Transmeta shares.
The investment firm does have serious questions about the business model based on the LongRun2 technology--described by Transmeta as a suite of technologies for advanced power management and "… Read more
