Palm picks up Be IP

— 12:32 PM on August 16, 2001

Palm has just acquired Be's IP and assets for $11 million in stock as it lays plans to extend its PalmOS to broader markets. Be has a lot of potential, and this move could do wonders to help end the stagnation that has plagued Palm of late. I wouldn't be surprised to see an ARM-based Palm running with Be technology in the near future.

While Palm continues to provide great PDA solutions along with licensees Handspring, Sony, and HandEra, the OS and hardware have limited multimedia capabilities at best. With products like the iPaq taking the PDA market by storm with their lush color screens and full multimedia capabilities, Palm is going to have a lot of catching up to do.

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