“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.”