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Palm to acquire Extended Systems

SANTA CLARA, Calif.-Palm Inc. agreed to acquire Extended Systems Inc., a mobile solutions vendor, allowing Palm to provide both handheld computers and enterprise-class mobile infrastructure software and support for multiple operating systems, including Palm OS, Pocket PC, Windows CE, EPOC and RIM. The deal is valued at approximately $264 million.

“Extended Systems and Palm share a vision and have complementary products and culture,” said Steve Simpson, chief executive officer of Extended Systems. “Together we significantly strengthen our ability to serve the needs of the explosive enterprise market. This move is a natural evolution as we join to create one end-to-end solution from a single vendor. It’s a win-win for customers, employees and stockholders.”

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