CNET News.com: Chip newcomer Transmeta files for IPOAug 18, 2000, 19:06 (0 Talkback[s])
(Other stories by Michael Kanellos)
"The IPO and all the buildup to the offering will be intensely scrutinized by the semiconductor industry and Wall Street. The company's Crusoe chips are compatible with both the Linux operating system and Windows but use less power than equivalent chips from Intel. As a result, battery charges last longer."
"...while Transmeta's technology has drawn support from computer manufacturers and general applause from analysts, many questions remain about the company. Hyper-secretive Transmeta has not released its chips to the public yet or even revealed a complete set of performance benchmarks. As a result, most analysts admit that they have not been able to evaluate the overall performance of the Crusoe family. Price competition is another factor facing Transmeta. Intel rakes in more than $7 billion in revenue a quarter. Except for Advanced Micro Devices, the other companies that have tried to invade this market have foundered."
"Then again, Transmeta comes to the market well connected. Sony, Gateway, Toshiba, Compaq and a number of Taiwanese contract manufacturers own equity stakes in the company, while IBM manufactures the chips on behalf of Transmeta. All of these companies, therefore, have a financial interest in seeing the company succeed."