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  Palm Looks To Be For OS Boost
Time: 05:36 EST/10:36 GMT | News Source: CNET | Posted By: Viper

Palm announced on Thursday that it is acquiring the technology assets and intellectual property of software maker Be for $11 million in stock, in a move aimed at strengthening its operating system to compete against Microsoft. Palm said it expects the acquisition to bolster its OS, particularly in the areas of communications, Internet and multimedia technologies. "This move will help us expand the Palm OS platform into broader markets," Carl Yankowski, Palm’s chief executive, said in a statement.

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