Feeds

Transmeta hooks Nvidia for $25m power payment

The longest run

Internet Security Threat Report 2014

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. ®

Intelligent flash storage arrays

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.