PalmSource’s Acquisition Isn’t the End of the Palm OS

by Reads (12,771)

Today’s announcement that Access Co., Ltd. is acquiring PalmSource has led to a wide range of reactions in the handheld world.

Some have cheered that a white knight has brought much-needed cash to the beleaguered PalmSource. Others have predicted that this signals the end of the line for the Palm OS.

The pessimists are not correct is the message an Access representative gave to CNET News.com late today.

PalmSource, as a wholly-owned subsidiary of Access, will continue to support Palm OS Garnet.

In addition, it will complete work on Palm OS for Linux, the next version of this operating system, which PalmSource has said will be released around the middle of next year.

Not surprisingly, the Access spokesperson said that NetFront, his company’s web browser and primary product, will be integrated into Palm OS for Linux.

A Bit of Background

Access’ purchase of the company responsible for developing and licensing the Palm OS stunned the handheld world today.

Access is paying $18.50 per share of PalmSource common stock, or about $324.3 million.

PalmSource has been struggling since it was spun off from Palm, Inc. in late 2003.

It has had to lay off many of its employees and many have questioned whether it had the resources to finish work on Palm OS for Linux.

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