Transmeta Corporation. The Group's principal activities are to develop and distribute software-based microprocessors and additional hardware and software technologies for Mobile Internet Computers. These products are portable computing and communication devices that are compatible with PC software. The products also deliver the performance required to run standard PC and Internet applications and also offer long battery life. Crusoe microprocessors have been developed for lightweight notebook computers and wireless Internet access devices and other Internet appliances. The Crusoe microprocessors are suitable for a broad set of existing and emerging end markets where energy efficiency and x86 software compatibility are desirable. The Group's customers include Sharp, Fujitsu, Hewlett-Packard and Uniquest.
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I liked Transmeta a lot more when Linus Torvalds, the namesake and creator of the Linux operating system, worked there. He left a couple of years ago. Of course, the stock price was over $40/share back then. They've changed their business model a few times since then. They used to be a chip maker. I haven't followed them for a while and can't add anything of value about their current business model but I thought that you might want to know a little about their history. Good luck.
Transmeta sees doubts in remaining 'going concern'
Mon Apr 11, 2005 08:12 AM ET
NEW YORK, April 11 (Reuters) - Chip maker Transmeta Corp.(TMTA.O) on Monday said its recurring losses from operations and need to increase funding raises "substantial doubt" about its ability to continue as a going concern.
Ouch! Down 15% today. Brad, I hope that you weren't already in this one.
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