The PowerPC e700 or NG-64 (Next Generation 64-bit) was the codenames of the long anticipated first 64-bit embedded RISC-processor cores built using Power Architecture technology designed by Freescale.
In 2004 Freescale announced a new high performance core. Not much was known about it. It would be a multi core, multithreaded design using CoreNet technology, shared with the e500mc core. It would be a three issue core with double precision FPU. Roadmaps showed a target frequency of 3+ GHz, manufactured on a 32 nm process and that the chips would be named on a MPC87xx scheme.
Freescale released a core with similar specifications in June 2010 called the e5500.
References
PowerPC e700 Wikipedia(Text) CC BY-SA