Taiwan News Online: “David Nagel, president of software maker PalmSource Inc., says investing in China saved him about US$75 million in development costs and two years’ work. That’s a windfall for a company with a market value of US$154 million.
Sunnyvale, California-based PalmSource in December agreed to buy China MobileSoft Ltd., a developer of mobile-phone programs.”
Cobalt, Schmobalt, this is gonna be big.
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