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CNET News.com: Transmeta chips expected in devices next month

May 17, 2000, 20:40 (0 Talkback[s])
(Other stories by Ian Fried)

"The first announcements of hotly anticipated products using Transmeta's low-power Crusoe chip could come next month, chief executive David Ditzel said today."

""The logical place to look for systems would be at PC Expo," the June convention in New York where tech firms show off upcoming products, Ditzel said in an interview with CNET News.com. The comments came after his speech at PriceWaterhouseCooper's Technology Forecast: 2000 in Santa Clara, Calif. "

"Ditzel reiterated that the privately held company has no set schedule to go public. "Our focus right now is on shipping products," he said. "An IPO would be nicer once people can see and touch" our products, he said. Transmeta, whose employees include Linux originator Linus Torvalds, has emerged as a high-profile threat to chip giant Intel. The start-up's credibility was boosted by an announcement last month that it had secured $88 million in funding from America Online, Gateway, Compaq Computer, Sony and several major Taiwanese electronics manufacturers."

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