Palm Inc. Planning Buyback Of PalmSource?

Posted: Aug 29 2005, 12:26am EST | by , Updated: Aug 10 2010, 4:24pm CDT, in News | Other Stuff

Palm Inc. Planning Buyback of PalmSource?
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

The Stock of PalmSource (PSRC) rose from $7.50 to $9.60 last week. BargainPDA reports that the reason for this is a rumor about Palm Inc. buying back PalmSource.

Remember back in 2003 Palm bought HandSpring and then split into a hardware (PalmOne now Palm Inc.) and software company (PalmSource).
The Hardware company worked out alright, especially I guess because of the Treo smart phones. Palm as a OS did not proliferate is it was planned. PalmSource is now even working on Linux powered smart phones. And Palm Inc. planning Microsoft Windows for Mobile Smart phones.I could not find any other source confirming this rumor, so it might just be a rumor. On the other hand something is going on when a stock price rises by 20%.

This story may contain affiliate links.


Find rare products online! Get the free Tracker App now.

Download the free Tracker app now to get in-stock alerts on Pomsies, Oculus Go, SNES Classic and more.

Latest News


The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]




comments powered by Disqus