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.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member