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Excerpt - The details of Microsoft Corp.'s mysterious deal with Transmeta Corp. have finally been revealed. And none of the speculation was even close. The microprocessor company has been working for the past year on a high-security, power-efficient chip for Microsoft's new "FlexGo" pay-as-you-go PC initiative in developing nations. The "FlexGo" card for the program in Brazil works like a prepaid phone card. Users pay in advance for minutes on their home PCs. "This happens to be the project we were working on," said Art Swift, Transmeta's president and chief executive, in an interview about the FlexGo initiative. So the...

Transmeta teams with Windows CE .Net Chipmaker Transmeta said Wednesday it has received a key certification from Microsoft, an important step in the company's strategy to enter the embedded processor market. Transmeta chips were given the green light by Microsoft to work with the Windows CE .Net operating system. Now manufacturers that buy Transmeta's chips will be better able to develop devices based on the Windows CE operating system, the company said. Windows CE .Net, code-named Talisker and introduced in January, is used in a range of devices, from handhelds to gas pumps. Since its introduction, it has been updated...