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3Com Plans to Spin Off PalmPilot Division

Posted by CmdrTaco on from the buy-assimilate-spin-off-repeat dept.

RoboChicken writes "3Com announced today that it plans to spin off the Palm computing division into a new, separate company. 3Com will deal with networking equipment, and the new company, "Palm Computing" (?) will be the PalmPilot company. "

2 of 67 comments (clear)

  1. Will this end the rumors? by KevinRemhof · · Score: 3

    Lately, Palm has been subject to a lot of rumors. First, 3Com was going to sell the unit off. Next, Apple was going to guy it. Now, 3Com spins it off.

    This is a great move for 3Com and Palm. 3Com has no real interest in the handheld market. So, it is a win for them. Palm now has more freedom and marketability. They win too.

    I hope that this will end the rumors about the future of Palm. Many people have criticized 3Com for "holding them back". Jeff and Donna who started Palm have moved on to Handspring (which is debuting their new device tomorrow). Palm may now be able to keep good people. The corporate structure has been strange.

    So, let's see what happens with this. I know that it is a good move. I just hope that Palm can focus on developing new and innovative PDAs rather than just resting on its laurels.

  2. How ironic. by generic-man · · Score: 4

    For those that remember the Palm saga, it goes a bit like this:

    A tiny start-up named Palm Computing demonstrates a prototype of the Pilot organizer.

    US Robotics buys Palm Computing.

    3Com buys US Robotics.

    And now 3Com wants to spin off Palm Computing so that it's an independent company.

    It's the circle of life...

    --
    For more information, click here.