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CNET News.com: IBM puts Transmeta plans on hold

[ 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.”

Complete
Story

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