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CNET News.com: IBM puts Transmeta plans on hold

Nov 01, 2000, 08:01 (1 Talkback[s])
(Other stories by Michael Kanellos)

[ Thanks to mike for this link. ]

"IBM has suspended a project geared toward releasing a ThinkPad notebook containing Crusoe processors from Transmeta, company executives confirmed Tuesday."

"The reversal couldn't come at a worse time for Transmeta, as the company is slated to hold its initial public offering on Nov. 6, according to the Web site of principal underwriter Morgan Stanley Dean Witter."

"IBM has canceled a project for adding Crusoe microprocessors to its ThinkPad 240 notebook, saying that the notebook does not fit within its current marketing plans, according to a company spokesman. In June, Big Blue had showcased a ThinkPad 240 containing a Crusoe chip at PC Expo."

"The company will continue to examine Transmeta technology, but there are no plans for Crusoe-powered notebooks in the near future, the spokesman said."

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