Transmeta expects stronger cash position for first quarter

07:47 - Monday 18 April 2005 by Wolfgang Gruener
Source: Tom's Hardware – Keywords: transmeta, expects, stronger, cash, position, for, first, quarter Category : Miscellaneous

Transmeta raised its cash guidance for the first fiscal quarter ended March 31 from $38 to $42 million. The correction did not occur as a result of the new company strategy. According to a spokesperson, the $38 million announced initially was based on an estimate based on figures available at the end of March and the new amount simply was a result of a clearer financial view. (THG)

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Transmeta to provide LongRun2 for Sony’s Cell processor
Transmeta revamps business model, increases focus on IP licensing
Transmeta to stop manufacturing processors


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