Transmeta sells processor division
Intel may be the big winner today, given Apple's announcement that they're going to ditch the PowerPC processor for Intel's chips, but that doesn't mean IBM, which makes the PowerPC, is the day's only loser. Transmeta — which once seemed poised to take on Intel with its low-power Crusoe processor — is selling its processor business to China's Culturecom Technology. Transmeta will still hang around, as it attempts to rebuild its business around its power-saving technology, but all-in-all, it's definitely been a very nice day for Intel.
[Via Slashdot]
