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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (27915)	2/10/1999 1:07:00 PM
From: Moonray	Read Replies (1) \| Respond to of 45548

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. o~~~ O