Struggling chip manufacturer Transmeta has bought a stake in Linux specialist Chinese 2000 Holdings, a company run by Hong Kong firms eForce and Culturecom, to drive its Asia expansion and diversify its business.
Their agreement will allow Chinese 2000 to push research and sales involving Midori, Transmeta's version of the Linux operating system, for mobile and chip-embedded devices in China and other markets in the Asia-Pacific region.
The initial focus of their development and marketing efforts will be Greater China.
The two firms have struck a multi-year profit-sharing deal for the sale of Midori Linux-based services and support.
Financial details and the size of the share sold to Transmeta were not disclosed.
'One of Transmeta's top priorities is to support customer needs in the Chinese market and other major Asian markets,' Transmeta president and chief executive Matthew Perry said.
