Today shareholders of Palm approved the acquisition of rival Handspring Inc. and the subsequent split of Palm into two public companies.
The two new companies, handheld software maker PalmSource and device maker PalmOne, will trade independently for the first time on Wednesday.
PalmSource says that its independence will allow it to better negotiate licensing agreement with hardware makers, who previously might have been wary of dealing with a unit of their biggest competitor.
Full Story on Yahoo.com
This is definitly is a smart move. PalmSource can now freely compete against Microsoft and Symbian. PalmOne needs to prove itself against Sony and even newcomers like Tapwave.
Luigi Lugmayr Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at firstname.lastname@example.org.
Gwyneth Paltrow facing Lawsuit
The famous actress and creator of a website named Goop, Gwyneth Paltrow, is facing a lawsuit by a man who claims she plagiarized his creative phrase. And she is also concerned about her ex-husband’s new relationships.
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