Transmeta buyer Novafora goes under, says report
(08/08/2009 10:25 AM EDT)
SAN JOSE, Calif. -- Novafora Inc.--which gained fame by acquiring Transmeta Corp.--has gone out of business, according to Light Reading and other sites.
Novafora ran out of money, according to reports.
On Friday, the offices of San Jose-based Novafora did not answer phone calls. Last year, Novafora, a startup developer of video processors, entered into a definitive agreement to acquire Transmeta for $255.6 million in cash.
E-mail This Article | Printer-Friendly Page |
Related News
- China's EDA startup X-Epic forced to lay off staff, says report
- Intel to place US$14 billion orders with TSMC, says report
- Top Ten Semiconductor Foundries Report a 1.1% Quarterly Revenue Decline in 2Q23, Anticipated to Rebound in 3Q23, Says TrendForce
- Top 10 Foundries Report Nearly 20% QoQ Revenue Decline in 1Q23, Continued Slide Expected in Q2, Says TrendForce
- Nvidia-Arm merger would substantially lessen competition says U.K. government report
Breaking News
- Logic Design Solutions launches Gen4 NVMe host IP
- ULYSS1, Microcontroller (MCU) for Automotive market, designed by Cortus is available
- M31 is partnering with Taiwan Cooperative Bank to launch an Employee Stock Ownership Trust to strengthen talent retention
- Sondrel announces CEO transition to lead next phase of growth
- JEDEC Publishes LPDDR5 CAMM2 Connector Performance Standard
Most Popular
- Arm's power play will backfire
- Alphawave Semi Selected for AI Innovation Research Grant from UK Government's Advanced Research + Invention Agency
- Secure-IC obtains the first worldwide CAVP Certification of Post-Quantum Cryptography algorithms, tested by SERMA Safety & Security
- Weebit Nano continuing to make progress with potential customers and qualifying its technology Moving closer to finalisation of licensing agreements Q1 FY25 Quarterly Activities Report
- PUFsecurity Collaborate with Arm on PSA Certified RoT Component Level 3 Certification for its Crypto Coprocessor to Provide Robust Security Subsystem Essential for the AIoT era