More: 3Com Buys Smartcode Technologie
Computer Reseller News - 02/10/99; 12:00 a.m. ET
3Com purchased Smartcode Technologie Wednesday for $17.5 million
in an effort to boost the wireless and Internet-access capabilities
of its Palm Computing platform.
Smartcode Technologie, in Montpellier, France, is a wireless
data-communications company that also develops Internet-access
software.
3Com, based in Santa Clara, Calif., said Smartcode's wireless
communications capabilities will be added to the Palm Computing
platform to address the growth in mobile information appliances such
as cellular telephones, messaging devices, data communicators, and
smart phones.
Smartcode's Internet-access products include system software
extensions, communications protocol stacks, and end-user applications.
These products support wireless standards such as GSM and CDMA.
Smartcode's 33 employees will form 3Com's new Palm Computing European
development center in Montpellier. Its president and CEO, Alain
Molinie, will become general manager of the new Palm Computing
Platform Europe group. He will report to Mark Bercow, vice president
of strategic alliances and platform development of Palm Computing, a
3Com company.
3Com said the acquisition is not expected to "materially impact" its
fiscal 1999 results.
3Com shares were off 13 cents in early trading Wednesday, to 31 15/16
per share.
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