PalmOne, Microsoft in Mobile E-Mail Deal
From Associated Press
Longtime foes PalmOne Inc. and Microsoft Corp. announced a licensing deal that would allow the next generation of PalmOne’s Treo “smart” phones to work directly with Microsoft’s Exchange e-mail system.
The relationship is designed to eliminate the need for third-party applications and servers that Treo customers previously used to access Microsoft’s popular e-mail servers. The deal will allow Milpitas, Calif.-based PalmOne to better compete against Research in Motion Ltd.’s popular BlackBerry e-mail devices.
PalmOne shares fell $1.79, or 5.4%, to $31.14 on Nasdaq.
