InfoWorldMike writes "InfoWorld.com reports that AMD will resell Transmeta's chip for Microsoft's pay-as-you-go PCs. Transmeta said that they had struck an exclusive arrangement for AMD to brand the specialized Efficeon chip under their own name and resell it worldwide. AMD plans to use Microsoft FlexGo and its Efficeon deal with Transmeta as part of its 50X15 initiative, which aims to build a global network of partners and business models to help connect 50 percent of the world's population to the Internet by 2015." From the article "For the first time, Transmeta and the Efficeon technology will have the brand and power and reach of AMD," said Art Swift, president and chief executive officer of Transmeta. "[Our goal is] to reach as many consumers in the world as possible in emerging markets."