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Intellectual Ventures Buys Transmeta Patent Portfolio

Bellevue-based Intellectual Venture Funding LLC, which is affiliated with Intellectual Ventures, said Wednesday that it has acquired the patent portfolio of Transmeta Corporation. Financial terms of the deal were not disclosed. Transmeta is now part of Novafora, Inc., which completed its acquisition of the firm yesterday. Intellectual Venture Funding said that the buy included 140 U.S. patents and a "substantial number" of pending patent applications. Intellectual Ventures is the patent holding and licensing firm run by former Microsoft chief strategist and chief technology officer Nathan Myhrvold.


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