LinuxDevices: PalmSource Stock Spikes on Acquisition Rumor

“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…”


Get the Free Newsletter!

Subscribe to Developer Insider for top news, trends, & analysis