Tech
Handspring receives $10m investment
A very expensive Christmas gift...
![zd-defaultauthor-sonya-rabbitte.jpg](https://www.zdnet.com/a/img/resize/d6935d9f1943556aeab6269b12e7518a6c8a0092/2014/12/04/7816a5ca-7b71-11e4-9a74-d4ae52e95e57/zd-defaultauthor-sonya-rabbitte.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
A very expensive Christmas gift...
Wireless technology giant Qualcomm is to invest $10m in PDA manufacturer Handspring in an all-stock deal. The investment came as Handspring announced that it will issue seven million extra shares in a bid to raise $38.5m. Qualcomm will receive over 1.8m of the newly issued shares in exchange for its investment.