Originally posted on August 8, 2008 @ 6:20 pm
Transmeta has announced that it will license it LongRun technology to Nvidia corp.
The move will provide Nvidia with access to new technology that only requires low power.
Transmeta will be paid $25 million for a non exclusive license of Longrun. The agreement covers both LongRun and LongRun 2.
Nvidia will pay Transmeta $25 million for a non-exclusive license to the technology, which includes both the LongRun and LongRun2 technologies.
Transmeta has bowed out of the processor market and now exists solely to license its low-power technology to other companies.