Palm, Inc. and ThinAirApps, Inc. announced that they have signed a definitive agreement for Palm to acquire ThinAirApps, a privately held, New York-based developer of software and applications enabling secure wireless access to corporate email and other critical enterprise data. The acquisition, which is valued at 19 million dollars and will be paid for with Palm common stock, is expected to close by the end of the calendar year. This move marks a commitment by Palm’s Solutions Group to offer enterprise customers a secure, server-based messaging platform and lays the foundation for future strategic relationships with enterprise application providers.