"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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