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Transmeta Surges on Intel Suit

Stock quotes in this article: INTC , SNE , TMTA  

Updated from Oct. 11

Transmeta's(TMTA Quote) recent incarnation as an intellectual-property firm paid off for its shareholders Thursday, after the company said it's picking a fight with chip goliath Intel(INTC Quote).

Transmeta announced late Wednesday that it has sued Intel for infringing 10 of its patents. The complaint alleges that a variety of Intel microprocessors, including its new Core 2 products, violate Transmeta patents covering computer architecture and power-efficiency technologies.

The complaint, filed in Delaware District Court, seeks an injunction against Intel's continued sales of the chips, as well as monetary damages. ...

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