3Com has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) or an initial public offering (IPO) of less than 20 percent of its subsidiary, Palm Computing Inc.

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The name of Palm Computing, which makes popular handheld organizers, will also be changed to Palm Inc., 3Com said in a statement issued Wednesday.

America Online, Nokia, and Motorola have also agreed to purchase up to 4.5 percent of Palm's total stock, up to an investment of $225 million, according to the S-1 statement filed with the SEC. The three will pay the IPO price for their shares.

America Online will invest $80 million or purchase 1.5 percent of Palm, whichever is the lesser. Motorola will invest $65 million or purchase 1.5 percent of Palm, while Nokia will buy the lesser of $80 million or 1.5 percent of Palm stock, according to the registration statement.

Goldman, Sachs & Co. and Morgan Stanley Dean Witter are the lead managers of the IPO, 3Com said.

3Com Corp., in Santa Clara, Calif., can be reached at www.3com.com. Palm Computing Inc., in Santa Clara, Calif., is at www.palm.com.