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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

Nov 26 3:59 PM EST

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To: bananawind who wrote (17757)	11/4/1998 4:27:00 PM
From: bananawind	Read Replies (2) of 152472

MS/QCOM - Looks like more than rumor... • Qualcomm Inc. and Microsoft Corp. plan a joint venture to create a network operations center for connecting wireless data users to corporate IT networks, Wireless Week has learned. Qualcomm Chairman Irwin Jacobs confirmed the plan's general outlines but would not discuss details pending a news conference Tuesday in San Diego. "It's fair to say that yes, it would provide services for wireless as well as wired users," Jacobs said. "But the interesting growth, we think, will be in wireless." Other sources say John Major, president of Qualcomm's Wireless Infrastructure Division, will head the new venture, to run separately from the parent company. A number of Qualcomm employees are expected to join him. There are unconfirmed reports the companies also may develop a wireless handset using Microsoft's Windows CE platform for handheld devices. Such a plan could raise questions about Qualcomm's licensing of Palm Computing's rival platform, already being used in the pdQ phone unveiled in September. News of the NOC venture follows Microsoft's announcement at last month's Wireless I.T. '98 Expo that it is developing a microbrowser for "thin-client" devices such as pagers and data-capable handsets and could precede more announcements concerning wireless. "This is just the second of four or five 'rolling thunder' moves that Microsoft plans to make" in wireless data, one source said. From: wirelessweek.com

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