Novafora closes $255.6M Transmeta purchase
Video processor maker Novafora just finalized its $255.6M acquisition of Transmeta Corp., a semiconductor and portable microprocessor company. The deal will give Cupertino, Calif.-based Novafora access to Transmeta’s low-power technology, allowing it to provide products for a wider range of applications.
Previously, Novafora raised $18 million in venture capital from Gemini Israel Funds and Vortex Venture Capital.
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About the Author, Camille Ricketts
Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.
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