Palm To Buy Wireless Sync Firm - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Palm To Buy Wireless Sync Firm

Looking to expand its synchronization capabilities, Palm Inc. plans to buy WeSync Inc., maker of group-information-sharing systems for handhelds based on the Palm OS. The cash-and-stock deal is valued at $40 million to $45 million.

WeSync?s software is used to wirelessly download, compare, and share structured information such as calendars, contact lists, and other databases. "This is an important step in our strategic roadmap," Palm CEO Carl Yankowski says.

Maybe, but acquisitions like this one could also present problems. "I would imagine [WeSync software] will make a neat feature on the Palm OS. The danger, of course, is you don?t want to start competing with your developer base and producing products that the third-party market would be selling," says Craig Mathias, an analyst with Farpoint Group. "The third-party developers are going to be the backbone of Palm for quite a long time."

The buyout is expected to be completed, pending shareholder and regulatory approval, by February. Founded three years ago, WeSync has 27 employees who will remain in Portland, Ore., after the acquisition.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
News
How COVID is Changing Technology Futures
Jessica Davis, Senior Editor, Enterprise Apps,  7/23/2020
Slideshows
10 Ways AI Is Transforming Enterprise Software
Cynthia Harvey, Freelance Journalist, InformationWeek,  7/13/2020
Commentary
IT Career Paths You May Not Have Considered
Lisa Morgan, Freelance Writer,  6/30/2020
Register for InformationWeek Newsletters
Video
Current Issue
Special Report: Why Performance Testing is Crucial Today
This special report will help enterprises determine what they should expect from performance testing solutions and how to put them to work most efficiently. Get it today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll