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
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards