Friday, August 08, 2008

NVIDIA pays Transmeta $25 million for LongRun technology

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/359286975/

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A select bunch of Transmeta investors may not completely agree with how the outfit is being managed, but one thing's for sure: it's bringing in some serious coin on this deal. During a brief timeout from counting those stacks of Benjamins handed over by Intel, it decided to license its Long Run and LongRun 2 technologies (among "other intellectual property") to NVIDIA for a cool $25 million. Additionally, the agreement grants NVIDIA a "non-exclusive and fully paid-up license" to all of Transmeta's patents and patent applications. Unfortunately, it's still unclear how exactly this will end up affecting NVIDIA fanboys (and girls), but we'll go out on a limb and suggest that a mobile GTX 280 with a remarkably low power draw is just around the bend.

[Via SlashGear]
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