In exchange for its cash, AMD will receive preferred Transmeta (nasdaq: TMTA - news - people ) stock.

FORBES: Intel Rivals Make a Deal

Mobile-chip upstart Transmeta (nasdaq: TMTA - news - people ) got the world buzzing about low power consumption with its first Crusoe chips that hit the market in 2000.

FORBES: Magazine Article

Last week, IBM (nyse: IBM - news - people) decided not to use Transmeta's (nasdaq: TMTA - news - people) new low-power Crusoe chips in its lighter-weight ThinkPad notebook computers.

FORBES: Transmeta Defies Bad News