Novafora closes $255.6M Transmeta purchase

January 30, 2009 | Camille Ricketts | Comments |
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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 is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

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