Pumatech Buys Rival Starfish
Source: SiliconValley.Internet
Mobile synchronization technology firm Pumatech on Monday announced plans to acquire Motorola subsidiary Starfish Software, a deal that gives it key patents in the area of enterprise synchronization software.
Financial terms of the deal were not disclosed but it's a safe bet the price tag is nowhere near the millions paid by Motorola in 1998 to acquire Starfish four years ago. Starfish will operate as a wholly-owned subsidiary of Pumatech.
With Palm and HotSync leading the way in the enterprise synchronization space and Microsoft's popular Pocket PC supporting the ActiveSync platform, the deal gives Pumatech toehold in the burgeoning space.
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