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3Com Files to Spin Palm Division Off in IPO

Posted by Hemos on from the ongoing-story dept.

It's been an ongoing story about 3Com and its PalmPilot division. The question, of course, has been what to do with it. Just a few months ago, we covered their original plan for spinning off the division, but now it looks like they are actually putting the plan in motion and we should see an IPO in about six months.

1 of 88 comments (clear)

  1. $100 million? by DanaL · · Score: 4

    That kind of reminded me of Dr. Evil saying he was ransoming the world for, "One MILLION dollars!"

    Are they just being humble? Unless the stock market comes to its senses in the next few months, I rather suspect they'll get a little more than $100 million (given absurdly high IPOs we've been seeing)!

    Dana