Feeds

Transmeta hooks Nvidia for $25m power payment

The longest run

Secure remote control for conventional and virtual desktops

Transmeta - yes, you remember them - has picked up a prominent licensee scalp in the form of Nvidia.

Transmeta today revealed that Nvidia will pay a one-time fee of $25m for a license to Long Run and LongRun2 - a pair of power management technologies. Such licensing deals have become Transmeta's main path to revenue - outside of suing Intel - ever since it gave up on making chips. Presumably, Nvidia will use the technology to squeeze a bit more energy efficiency out of is graphics processors.

Word of the Nvidia deal arrived as Transmeta issued second quarter financial results. Revenue for the period came in at $366,000, which is almost enough to get a studio apartment in East Palo Alto. Net income for Q2 was $214,000.

Transmeta had an embarrassing number of charges and other income items related to its large settlement with Intel, restructuring and stock compensation. After adding and subtracting all these items, Transmeta exited the quarter debt free with $142m in cash and other assets.

Shares of Transmeta were near a 52-week high ($15.70) at $14.67 per share at the end of today's trading. ®

Beginner's guide to SSL certificates

More from The Register

next story
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Intel's LAME DUCK mobile chips gobbled by CASH COW
Chipzilla won't have money-losing mobe unit to kick about anymore
First in line to order a Nexus 6? AT&T has a BRICK for you
Black Screen of Death plagues early Google-mobe batch
Ford's B-Max: Fiesta-based runaround that goes THUNK
... when you close the slidey doors, that is ...
Disturbance in the force lets phones detect gestures with Wi-Fi
These are the movement detection devices you're looking for
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.