Feeds

Former Transmeta CEO goes at Intel with another low-power chip

Not again

Using blade systems to cut costs and sharpen efficiencies

Exclusive Matthew Perry - no, not that one - can't seem to escape the idea of dealing a devastating blow to Intel. The former Transmeta CEO has landed at chip start-up Montalvo Systems, according to our sources, and is running the company.

As we reported in an exclusive last October, Montalvo has been hammering away on a low-power x86 processor. At first, industry watchers thought the chip would be aimed at mobile devices such as PDAs. Now, however, we've learned that the super-secretive Montalvo is most likely chasing the notebook market with what's described as a "high-end, low-power chip."

Montalvo has an impressive assortment of chip experts on board, including Greg Favor, an ex-AMD fellow and designer of the K6 processor, Peter Glaskowsky, former editor of the Microprocessor Report and a ton of former Transmeta staff. (Thanks to an SEC filing, we see that Vinod Dham, former CEO of Silicon Spice, which Broadcom acquired, serves as a director of Montalvo as well.)

The Montalvo name is thought to come from the popular Silicon Valley spot Villa Montalvo where Transmeta first launched.

Transmeta hoped to dent Intel and AMD's hold on the x86 chip market by creating a low-power processor that used sophisticated software to crank through instructions. Perry became Transmeta's CEO in 2002 and then left the firm in April of 2005.

But, he didn't go far.

Transmeta's old offices sat at 3990 Freedom Circle in Santa Clara, wile Montalvo lists 3960 Freedom Circle as its home.

Perry did not return our call seeking comment.

Montalvo recently secured $74m in funding from New Enterprise Associates, Bay Partners, U.S. Venture Partners and original backer NewPath Ventures.

All those backers are sure to have thinned out the shares in Montalvo - bad news for employees hoping to get filthy rich.

We're impressed that Perry has the resolve to face the x86 market again and to do so with a similar pitch. Fighting Intel and AMD requires an incredible amount of capital, patience and luck. A strong notebook chip, however, could be of interest to AMD, which has struggled to replicate its server and desktop success in the mobile market. ®

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.