Palm Acquires E-Mail Solution Provider Palm Acquires E-Mail Solution Provider Paul Jones
Handheld computer maker Palm Inc. Tuesday grabbed privately-held Actual Software Corp. in another move to catch the attention of mobile wireless users. The deal, for which Palm yielded $4 million worth of cash and stock, will close in the fourth quarter. Already a leading provider of e-mail solutions for the Palm operating system, Actual will now better enable Palm to provide handheld computer customers with a universal e-mail client.
As a result of the acquisition, Palm will roll out integrated solutions that include Actual Software's client and conduit technology to reach those goals and deliver enhanced e-mail solutions across its product line.
Palm will also put Actual's MultiMail products to use. This suite offers enterprise and consumers an e-mail client and conduit solution, making direct access to POP3 and IMAP4 mail systems possible while also supporting mail access via Palm's HotSync technology.
