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USWeb/CKS, 3Com Look to Wireless Development

Less than one week after merging with Whittman-Hart to create a $14 billion business e-commerce firm, USWeb/CKS Thursday found another partner, this time to deliver wireless applications.

The company will work with networking firm 3Com Corp. (COMS) to develop, market and deliver wireless applications for the mobile workplace and converged voice, video and data tools.

3Com will contribute up to $100 million in a combination of funded development and an equity investment in USWeb/CKS (USWB). 3Com also has the option of purchasing up to $40 million of USWeb/CKS stock.

The two companies will develop and showcase their co-developed wireless tools in labs USWeb/CKS calls "Centers of Excellence." The first product is set to be ready by the second half of next year.

"Clients are faced with the opportunity to extend their brands and business relationships to people -- anywhere, anytime," said Robert Shaw, CEO, USWeb/CKS. "This alliance marks our commitment to help our clients take advantage of technological innovations and succeed in the digital economy."

USWeb/CKS Monday merged with Whittman-Hart, creating an e-commerce firm valued at approximately $14 billion. It will work with new and established companies to make the most of companies' e-commerce services. The merger is expected to close in April.