PalmOne to become Palm, Inc... Again

PalmOne will pay PalmSource $30 million for exclusive rights to the "Palm" brand name. Later this year, PalmOne will once again be known as Palm, Inc. The company also signed an agreement with PalmSource to secure the Palm OS through 2009. PalmOne (err... Palm) will pay $149 million for the OS, provided that PalmSource hits certain, unspecified milestones. PalmSource is still expected to release a timeline for porting its OS to Linux. Article