Transmeta kicked off Nasdaq

    Company Transmeta threatened exclusion from the list of electronic stock exchange Nasdaq due to the low price of the shares. A warning about this was sent to Transmeta a week ago.

    Last Tuesday, by the time the trading ended, the company's shares were worth $ 0.61 apiece.

    In late February, Transmeta officially announced that it was leaving the processor market in order not to go broke completely. The company has reduced one hundred jobs and closed offices in Japan and Taiwan.

    By the way, the title on the Transmeta website still says: "The Leader in Efficient Computing Technologies."

    via InfoWorld

    Also popular now: