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LinuxDevices: PalmSource Stock Spikes on Acquisition Rumor

Aug 30, 2005, 14:30 (0 Talkback[s])

"Palm may buy back software spin-off PalmSource, according to rumors that have caused a 20 percent spike in the company's stock price, BargainPDA says. Unclear is how such an acquisition would affect PalmSource's focus on Linux mobile phones.

"PalmSource has struggled for the last year, after failing to interest PDA and phone vendors in Cobalt, its attempt at a multi-tasking successor to the venerable Palm OS..."

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