Palm Will Provide $150 Million to Startups

Posted By: Ed Thursday, April 27, 2000 9:58:58 AM

Palm Inc. said it and several yet unnamed partners are preparing a $150 million venture fund that will provide seed-level funding for technology startups working on Palm-related products and technologies, especially in the network and wireless areas. "We want to take a proactive role in the development of our relationships with technology providers," said Palm CEO Carl Yankowski.

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