Intellectual Ventures Buys Transmeta Patents

Bellevue, WA-based Intellectual Ventures announced today it has acquired the patent portfolio of Santa Clara, CA-based semiconductor firm Transmeta. Financial terms of the deal were not disclosed, but Intellectual Ventures gains more than 140 U.S. patents and a “substantial number of pending patent applications,” according to a company statement. Transmeta was acquired by Novafora for $256 million in November.

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