New Company Making Mobile Processors?

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A small company in California is supposedly designing a new energy efficient, multicore processor intended for use in ultraportable devices and laptops. The company is made up of former employees of Intel, AMD, NexGen and Transmeta.

The Santa Clara, Calif.-based company is designing a multicore, energy-efficient chip for ultraportables and notebooks that will be capable of running the same software that Intel chips run, according to sources. Venture and private equity firms such as CMEA, Bay Partners, U.S. Venture Partners, NEA-IndoUS Ventures, and Adams Street Partners have plunked more than $73 million into the company.
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Cool! Now if only they could also jump onboard the desktop market, and drive prices even cheaper (even though they are pretty cheap as it is). >:D
 
how do you start a new processor company? well...why not hire former employees of all your competition :D
 
It will be quite interesting to see how their CPUs run against the current competition in each respective application.
 
I like this, when I read the title I thought about processors for phones. For phones, laptops, desktops it all sounds good to me. I wouldn't mind some extra processing power for my 8525 though... err well future HTC phone.
 
I am not sure how far they will get. I just get the feeling that the current amount of financing they have isn't enough.
 
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