AMD now largest stakeholder in Transmeta

[TechnologyCoordinator]

http://www.tgdaily.com/content/view/32904/118/

AMD now largest stakeholder in Transmeta
By Wolfgang Gruener
Friday, July 13, 2007 15:07
AMD’s recent $7.5 million investment has made the company the largest shareholder in Transmeta. According to a SEC filing released today, AMD has received 1 million shares of preferred Series B stock, which can be converted into 14,269,400 shares of common stock. According to the document the investment translates into a 6.7% of the company.

According to data published on MSN Money, there are six investors, each of which is holding a share greater than 1% in Transmeta, but none of which exceeds AMD’s holdings. According to the document, Barclays Global Investors currently owns 3.4% of Transmeta (6,841,220 shares), JDS Capital Management 2.5% (5,000,000 shares), State Street Global Advisors 1.5% (2,924,921 shares), Vanguard Group 1.4% (2,888,410 shares), Pequot Capital Management 1.4% (2,766,600 shares) and Artis Capital Management 1.3% (2,645,714) shares.

 

[dragonsprayer]

7.5 million in anything makes it nothing - i think amd use's 7.5 million in tp per year for all its plants and personal!

 

[dragonsprayer]

tp= wipe paper (in case you thought it was a tech term)

 

[shargrath]

hmm...I think AMD might be wanting Transmetas patents for some dastardly scheme if TM goes under if they dont then AMD make money tis a win win kinda. Does anyone know what patents TM owns?