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Trading Alert for Transmeta Corp.

Publication: M2 Presswire
Publication Date: 28-FEB-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 February 2007-Large Cap News: Trading Alert for Transmeta Corp.(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:28022007

Ch-ch-ch-changes -- turn and face the strain. Transmeta is making the transition from being a microprocessor supplier to operating as a company that licenses microprocessor intellectual property cores to others. The company is focusing its efforts on licensing its intellectual property rather than selling chips, and is also offering engineering services on a contract basis, notably to Microsoft and Sony (52% of sales). Transmeta has lined up several projects with the Sony Group. Other leading customers include Fujitsu America (16%) and Hewlett-Packard International (15%).

Shares were down 19% as fourth quarter loss widens.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on Transmeta Corp. are invited to...

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