Filed under: News | Other Stuff
May 24 2005, 8:13am EST | by Luigi Lugmayr
Just when i started to get used to PalmOne as the one Palm making hardware and palmSource the guys making the OS things change again.
The obviously more successful PalmOne buys out the Palm trademark from PalmSource for $30Mio. and will change its name back to Palm later this year. PalmSource said also that palmOne will pay minimum royalty payments of $148.5 million to renew its license of the Palm operating system. The royalty payments include $65 million for the years 2007 to 2009.
More details on LA Times.
See also PalmOne's - sorry Palm's latest PDA the Life Drive.
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Luigi Lugmayr
Luigi 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 ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
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