Posted Jul 7th 2007 12:36PM by Darren Murph
Filed under: Desktops, Laptops
Shortly after
months of
bickering with Intel, Transmeta finally took its ungraceful
bow out of the CPU business, but apparently AMD sees something within the company worth investing in. Yesterday,
AMD announced that it would be investing $7.5 million in Transmeta in exchange for Transmeta preferred stock, a move that was eloquently dubbed "a strategic investment in the future of Transmeta." Les Crudele, president and CEO of
Transmeta, was quoted as saying that his firm looked forward to "continuing its collaboration with AMD on technology initiatives in the future," and AMD returned the lip service favor by boasting about how vital Transmeta was in bringing its
AMD64 technology to market. Aw, how touching.
source : engadget.com
No comments:
Post a Comment