Feeds

Transmeta files for IPO

IBM and Tosh to cash in

  • alert
  • submit to reddit

Top three mobile application threats

Transmeta intends to go public, and yesterday filed its 400-page S-1 registration with the US Securities and Exchange Commission.

The company intends to raise $200 million, which more than cancels out the $119 million it has accrued in costs since it was founded over five years ago. Transmeta unveiled its processors in January.

Paul Allen's Vulcan Ventures owns seven per cent of the company, and Quantum Industrial Partners, owned by currency speculator George Soros - the man who famously crashed the pound, and boasted about it - five per cent. IBM and Toshiba also own small amounts of common stock (about 1.6 per cent each) as a result of cross-licensing agreements made a couple of years ago.

As it's already hinted, the company will introduce faster processors based on 0.18 and 0.13 micron processes next year, and provides a detailed roadmap in the filing.

The company will introduce the TM3300 a maximum 400MHz part which has no L2 cache, and the TM3400, which is clocked at a maximum 400-500MHz and has a 256KB L2 cache for mobile appliances. TM5800 range will feature up to 1MB L2 cache and reach 1000MHz. However these clock speeds are useful only as an indicator of maximum performance, as Transmeta's chips power dynamically down to an optimal frequency.

Transmeta points out that IBM is the sole manufacturer of the processors in an agreement that expires at the end of 2003. It lists ARM, MIPS and x86-compatible NatSemi products as competition. Transmeta currently employees 313 staff. ®

Related Story

Transmeta commences Crusoe TM5600 shipments

3 Big data security analytics techniques

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.