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Nokia Snaps Up Intellisync
I'm just listening to a Webcast of RIM co-CEO
Jim Balsillie at the UBS Securities Global Communications Conference in
New York, and wondering what he thinks about Nokia's $430 million acquisition of Intellisync Corp.
The deal is being is being pitched as a way for Nokia to take on RIM in
the mobile e-mail market, particularly in the corporate marketplace.
Nokia licensed RIM's BB Direct software but there does appear to be a
lot of momentum despite happy talk from both sides.
Does Nokia's purchase of Intellisync purchase kill the
BB Direct partnership or does Nokia see it as another e-mail technology
to pursue end-users? If you're into reading between the lines, check
out this quote: "Enterprises
face increasing challenges when it comes to selecting devices, enabling
access to e-mail and securing corporate data,'' said Mary McDowell,
head of Nokia's unit that makes devices for businesses. "`We
want to make it simple for our business customers to mobilize their
workforces." At first blush, it suggests Nokia wants more exposure to
the corporate market and they want more weapons to pursue it. Still,
it's an intriguing deal - and one that Om Malik likes.
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