Paul Allen Invests in Next Generation Semiconductors - Breakthrough Chipset Unveiled Challenges Intel
PrimeZone Media Network - January 19, 2000 16:24
IRVINE, Calif., Jan.19, 2000, (PRIMEZONE) -- IBChannel.com (www.ibchannel.com) - reported today that Transmeta unveiled a computer processor that is supposed to blow the competition for next generation chipsets out of the water.
Named the "Crusoe", the chipset has been under development for over four years. Transmeta's affiliates include Linux creator Linus Torvalds and investments by Microsoft (Nasdaq:MSFT) co-founder Paul Allen and billionaire financier George Soros, the Wall Street Journal reported. The investment rounds off Paul Allen's semiconductor holdings in his "Wired World" strategy which has led to investments in synergistic technology companies such as Go2Net (Nasdaq:GNET), High Speed Access (Nasdaq:HSAC) , Northpoint Communications (Nasdaq:NPNT), Priceline.com (Nasdaq:PCLN), Value America (Nasdaq:VUSA), CNet (Nasdaq:CNET), Net Perceptions (Nasdaq:NETP), Net Perceptions (Nasdaq:NETP, and Click2Learn Nasdaq: CLKS, Lions Gate (AMEX:LGF).
-- Hungry |