SAN JOSE, Calif.-Puma Technology Inc. said it plans to acquire NetMind Technologies Inc. for 5 million shares of Puma common stock in a pooling-of-interests transaction.
Puma’s stock jumped almost $12 following the announcement.
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Puma provides mobile Web browsing and synchronization software used in many wirelessly enabled palmtop computers. NetMind provides Internet infrastructure software that allows users to better personalize their devices.
