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Technology Stocks : Transmeta (TMTA)-The Monster That Could Slay Intel -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (419)	6/12/2003 9:36:56 PM
From: Doug R	Respond to of 421

"Transmeta Bolsters Commitment to China with Midori Linux Agreement Thursday June 12, 8:07 pm ET Announces Equity Stake in Chinese 2000 Holdings Ltd. SANTA CLARA, Calif. & HONG KONG--(BUSINESS WIRE)--June 12, 2003--Transmeta Corporation (Nasdaq:TMTA - News), the leader in efficient computing, today announced it has entered into an agreement to allow Chinese 2000 Holdings Ltd. to develop and market Transmeta's Midori(TM) Linux version of the Linux operating system for mobile and embedded devices in China and other countries in the Asia-Pacific region. The agreement exemplifies Transmeta's aggressive push into the Chinese market and other key Asia-Pacific countries. Transmeta is targeting the region as a significant aspect of its growth plans, and the collaboration between the two companies on Midori Linux development and marketing focuses on China, Hong Kong, Macau and Taiwan. Linux has emerged as an important operating system in China and the region. To help capitalize on that growth, Transmeta is combining its Linux expertise with that of Chinese 2000 Holdings to support a range of innovative mobile and embedded products that are already implementing or plan to use Transmeta's energy efficient processors. These products include competitively priced notebooks, ultra personal computers and set-top boxes, as well as many other potential applications. "One of Transmeta's top priorities is to support customer needs in the Chinese market and other major Asian regions," said Dr. Matthew R. Perry, president and CEO, Transmeta Corporation. "Transmeta's unique combination of microprocessor, system-level and Linux expertise, coupled with Chinese 2000 Holdings' experience in the Asian markets, make a formidable partnership. Together, we offer our customers a comprehensive approach to Linux-based computing." In addition to the development and marketing arrangement between the two companies, the agreement provides Transmeta with an equity ownership in Chinese 2000 Holdings and a multi-year profit sharing arrangement relating to the sale of Midori Linux-based services and support." That, in the context of: linuxdevices.com

To: Andrew who wrote (419)	2/8/2010 6:55:31 PM
From: Savant	Respond to of 421

And the rest of the story... Jan 2009 Video processing chip startup Novafora is set to buy intellectual property IP chip licensing firm, Transmeta, for USD255.6m in cash. Under the terms of the pending agreement, Transmeta shareholders are set to make between USD18.80 and USD19 for each share of Transmeta common stock, nearly USD1 above its value.... -- Philip Zera, an analyst with Algorithm Capital, argues that the price tag, which will amount to between $18.70 and $19 per share based on certain adjustments, is far too low. "Excluding cash, the company is receiving just over $11 million for its entire portfolio of valuable technology that has been developed over ten years at a cost in excess of $400 million," he wrote in a research note today. ---------- SANTA CLARA, Calif. -- Transmeta Corporation (NASDAQ: TMTA) today announced that its Board of Directors has approved a reverse split of Transmeta's common stock at a ratio of one-for-20 shares, to take effect on Friday, August 17, 2007.