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Transmeta Corp. is being acquired -- in a take-private deal -- by video processing company Novafora Inc. for $255.6 million in cash. Santa Clara, Calif.-based Transmeta, which develops microprocessors, started looking for strategic options in February after it received an unsolicited bid of $190 million from shareholder Riley Investment Management...
Posted on November 17, 2008 5:22 PM
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