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
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Commentary
What Becomes of CFOs During Digital Transformation?
Joao-Pierre S. Ruth, Senior Writer,  2/4/2020
News
Fighting the Coronavirus with Analytics and GIS
Jessica Davis, Senior Editor, Enterprise Apps,  2/3/2020
Slideshows
IT Careers: 10 Job Skills in High Demand This Year
Cynthia Harvey, Freelance Journalist, InformationWeek,  2/3/2020
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read 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