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Transmeta Technology

Where is Transmeta Heading? 192

Autoversicherung writes "Transmeta, once the darling of Silicon Valley, employer of Linus Torvalds and heralded as the new Intel is facing bleak times. Having $53.7 million in cash and short-term investments in its coffers, enough for just under two quarter's worth of operations and a reported net loss of $28.1 million and revenues of $11.2 million for the fourth quarter of 2004 the company's future is everything but certain. Will the planned restructuring to a pure IP company help?"
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Where is Transmeta Heading?

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... though his invention worked superbly -- his theory was a crock of sewage from beginning to end. -- Vernor Vinge, "The Peace War"

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