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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: DaveMG who wrote (18312)	11/14/1998 3:03:00 AM
From: Ruffian	Respond to of 152472

DaveMG,> Qualcomm wireless venture sets up S.D. center The San Diego Union-Tribune WirelessKnowledge, the new Qualcomm-[ Microsoft ] joint venture, already has set up an operations center in Sorrento Valley, from which the new company plans to offer wireless data services by next summer. The company aims to give wireless customers access to information such as e-mail or calendars from cell phones virtually anywhere, eliminating the need for connecting to a traditional phone line. Microsoft and Qualcomm announced the formation of the venture at a news conference Tuesday in Redmond, Wash. Company officials said they would introduce new services gradually as technology improves. "While this is groundbreaking, there is a process to do it in an orderly fashion," Qualcomm vice president of marketing Jeffrey Belk said yesterday. It was not clear what the new organization will look like, other than that it will be based in San Diego and headed initially by a management team from Qualcomm. Microsoft and Qualcomm have declined to say how much they are investing in the partnership, other than that it will be a 50-50 venture, and Belk declined to say how many people will work there. The companies said most of the employees will come from outside Microsoft and Qualcomm, and WirelessKnowledge already has about a half-dozen openings posted on its Web site, wirelessknowledge.com. Belk said the new company would probably move into a new facility in Sorrento Valley within the next month or two. The idea of wireless electronic mail and data interchange has intrigued many companies, but Microsoft and Qualcomm think that together, they have the heft to make it work. Already, they have enlisted nine wireless carriers that would sell the service to their customers. A demonstration of the initial services the new company plans to offer showed how it will work. E-mail sent from a laptop computer through the operating center in San Diego appeared on a cell phone at the news conference on Microsoft's campus in the Seattle suburbs. Eventually, Belk said, similar services could be programmed into a new generation of "smart phones" that Qualcomm would make, as well as a wide range of other devices, such as pagers or palm-sized computers. (Copyright 1998) _____via IntellX_____ Publication Date: November 13, 1998 Powered by NewsReal's IndustryWatch ...back to top