Also

* Motorola Inc. will name former Sun Microsystems Inc. President Edward Zander as its chief executive, a source close to the situation said. Other candidates are Motorola President Mike Zafirovski and Betsy Bernard, former president of AT&T; Corp.

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* IBM Corp. plans to move several thousand skilled software jobs overseas, company documents obtained by the Wall Street Journal said.

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* Edwards Lifesciences Corp. agreed to buy Percutaneous Valve Technologies Inc. for $125 million to gain the technology used to implant heart devices without opening the chest.

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* Robert Mondavi Corp. said founder Robert Mondavi, 90, resigned from the company’s board Friday at the annual shareholder meeting and would remain chairman emeritus.

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* Britain’s Office of Fair Trading said it was investigating allegations of price fixing by cigarette makers. The firms under investigation include Imperial Tobacco Group, Gallaher Group and British American Tobacco.