InfoWorld/Reuters: Paul Allen, George Soros-backed Transmeta files IPO | Linux Today

InfoWorld/Reuters: Paul Allen, George Soros-backed Transmeta files IPO

Written By
Web Webster
Web Webster
Aug 18, 2000

[ Thanks to Nobody
for this link. ]

“Transmeta Corp., which claims its microprocessors give laptops
Internet access performance similar to that of desktop computers,
filed on Thursday to raise $200 million in an initial public
offering.”

“Some of Transmeta’s biggest investors include Microsoft Corp.
co-founder Paul Allen, whose Vulcan Ventures investment vehicle
currently holds a 7 percent stake equal to 3,954,333 shares.
International financier George Soros holds a 5 percent position, or
2,808,000 shares, through his Quantum Industrial Partners.”

“Transmeta, based in Santa Clara, Calif., has applied for a
Nasdaq listing under the symbol “TMTA” , and will have the IPO
jointly managed by Morgan Stanley Dean Witter and Deutsche Banc
Alex Brown.”


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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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