Friday, September 09, 2005

ACCESS Acquires PalmSource

Think could shake things up a bit for the mobile marketing picture.

From Esato ACCESS acquires PalmSource

Have you noticed lately how many Treos are out there?

I see innovative software ideas combined with one of the fastest selling smartphones. Lots of opportunities.

ACCESS Co, Ltd, a global provider of mobile content delivery and internet access software, and PalmSource, Inc, provider of Palm OS, an operating system powering next generation phones and mobile devices, today announced they have signed a definitive agreement for ACCESS to acquire PalmSource in an all-cash transaction valued at $18.50 per share of PalmSource common stock , or approximately $324.3 m

With this acquisition, Tokyo-based ACCESS gains operating system platform expertise and Linux development resources for mobile devices in the US, France and China.ACCESS markets the NetFront Internet browser.

NetFront technologies are being used in next-generation mobile devices and consumer electronics products, including digital TVs and Net-linking functions in cars called telematics.

The acquisition of PalmSource is expected to further extend ACCESS' status as a provider of mobile content delivery and internet access software for mobile devices worldwide

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