Feeds

Transmeta hooks Nvidia for $25m power payment

The longest run

Mobile application security vulnerability report

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. ®

Boost IT visibility and business value

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
For Lenovo US, 8-inch Windows tablets are DEAD – long live 8-inch Windows tablets
Reports it's killing off smaller slabs are greatly exaggerated
Cheer up, Nokia fans. It can start making mobes again in 18 months
The real winner of the Nokia sale is *drumroll* ... Nokia
Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530
Say it with us: I'm King of the Landfill-ill-ill-ill
Seventh-gen SPARC silicon will accelerate Oracle databases
Uncle Larry's mutually-optimised stack to become clearer in August
EU dons gloves, pokes Google's deals with Android mobe makers
El Reg cops a squint at investigatory letters
prev story

Whitepapers

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.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.