Innovation is a lot like love, everyone knows when it happens, but nobody really knows what it is - Dean 'Mr Segway' Kamen
According to Reuters, Psion should have a cash balance of about £ 57.3 million after this month (March 2006) when it receives the final deferred payment of £ 28.5 million from the sale of its stake in Symbian. This has meant it has been looking out for potential acquisitions for at least two years.
However, Psion hasn't managed to buy any suitable businesses with its squillions other than image capture firm, Symagery Microsystems, which it bought for £2 million in June 2005. µ
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