Transmeta, a developer of microprocessors, has agreed to sell itself to video processing company Novafora for $255.6 million in cash. Transmeta, which turned a profit last quarter, began mulling a potential sale deal after a shareholder, Riley Investment Management, tabled an unsolicited $190 million offer in February. Go to Article from The Deal.com » Go to Press Release [...]
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From Floyd Norris at Notions on High and Low Finance » In 1960, when Richard Nixon lost narrowly to John Kennedy in another recession year, he is said to have blamed William McChesney Martin, the Federal Reserve chairman, for not doing more to stimulate the economy. If the polls are right, and Senator Barack Obama wins today, [...]
Altira Group said Thursday that it had coughed up $7 million to invest in Eco Power Solutions, a maker of energy recovery and emission control technology. The cash came from Altira’s $176 million Altira Technology Fund V, a venture fund that targets energy technologies. Go to Article from The Deal.com » Go to Press Release from [...]