Here's an update on Transmeta based on information obtained from the company's recent S1 filing, and on interviews conducted by ZDNet's John G. Spooner and Charles Cooper. Spooner & Cooper write . . .

“As the old saying goes, 'The enemy of my enemy is my friend.' Advanced Micro Devices Inc. and Transmeta Corp. are about to announce a relationship. The chip makers are expected to soon announce the scope of cooperation, according to AMD chairman and CEO Jerry Sanders. However, Sanders remained mum on the details.”

“Transmeta is particularly interested in AMD's Lightning Data Transfer technology, sources said. LDT is a high-speed processor interconnect technology created to be AMD's new bus technology. It provides up to a 20-fold increase in bandwidth and will be used for input/output, co-processing and multi-processing functions. LDT will see use later this year in forthcoming chip sets for Athlon processors.”

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