Giving up on the chip-making dream and instead peddling their technology expertise has proved to be the right decision for Transmeta. They are making money, which is a good thing.
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The Inquirer reports Sunday that Transmeta and Microsoft are doning something, apparently big, and in secret. TMTA is already deeply involved with Sony and Fujitsu, among others.
http://www.theinquirer.net/?article=25391