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Palm embraces enterprise with Extended deal

Palm is launching an assault on the business market with the $264m acquisition of software company Extended Systems.

By Mark Graham

Published: 7 March 2001 16:42 GMT

Palm intends to use Extended Systems' products to merge PDAs into the enterprise workplace so companies are able to link their in-house applications through a wireless network.

According to Palm, this deal will allow it to provide handhelds and enterprise class mobile infrastructure software and support for multiple operating systems, including EPOC, Palm OS, Pocket PC, RIM and Windows CE.

Under the agreement, Extended Systems' stockholders will receive Palm shares valued at $22 per Extended Systems' share.

Palm CEO, Carl Yankowski, said in a statement: "Palm will be unmatched in its ability to deliver information to individual users and large organisations using a Palm solution or any mobile operating system or handheld device."

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