Transitive claims to have cracked a computing problem that some experts thought impossible to solve. The company has developed software that enables programs written to run on one processor or operating system to run on another without modification. This has a huge number of applications, from allowing old computer games to be played on the latest consoles to substantially reducing the cost of modernising military networks. Transitive was spun out of Manchester University and has raised £8m in venture-capital funding. Sales, exclusively to six of the world’s biggest computer makers, have risen 186% a year from an annualised £391,000 in 2001 to £3.2m in 2003.
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