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  Transmeta Hangs in the Balance
Time: 20:54 EST/01:54 GMT | News Source: Forbes.com | Posted By: Fred Fernandez

On Nov. 7 in New York, Microsoft Chairman Bill Gates will attempt to validate a new category of portable PCs called tablets. Its success could mean life or death for the promising but struggling chip company Transmeta.

Transmeta develops very low-power microprocessors that rely on software rather than hardware to perform many of their functions. Hewlett-Packard and others have signed on to use Transmeta's chips in tablet PCs, and Microsoft has developed software specifically for the device.

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