Computer Business Review: Motorola: Still Pursuing Mobile Software Assets
Oct 12, 2005, 18:15 (0 Talkback[s])
It has emerged that Motorola is suing PalmSource for pulling out
of merger talks in September. Motorola has also revealed that it is
on the lookout to acquire another software company to spearhead its
efforts in the mobile computing arena, revealing its anxiety to
grow its mobile handset business.
"A document filed by PalmSource with the SEC reveals there was a
three-way auction to buy the company between Access, Motorola and
an unnamed company, which saw the price offered increase from
$12.25 a share to Access' victorious final offer of $18.50..."
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