Investment firm attracted to Palm's software expertise
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One of the main attractions of Palm's business was its software expertise, according to private-equity firm Elevation Partners, which plans toÂ acquire about 25 percent of the struggling mobile device maker.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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Company is readying security software or cell phones and handheld devices.
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By Associated Press  Faced with mounting competition in the smart-phone market, Palm Inc. is selling a quarter of its company to a private equity firm to arm itself with new leadership, most notably the former technical guru behind the iPod.
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Two companies specializing in Linux-based cluster systems for high performance computing have drawn the interest of investors, giving each a substantial financial boost.
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The software company is now looking to the red-hot virtualization market.
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Treo smart-phone maker Palm Inc. could bring a buyer a decade's worth of digital assistant design and mobile phone know-how, but at a hefty price for a company no longer viewed as cutting-edge.
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Elevation Partners invests $325 million in struggling maker of handhelds and adds a former Apple exec to Palm's board.
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Recent reports that Nokia is in talks to buy Palm surprise some analysts, who nonetheless said some type of buyout might make sense.
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Handheld-computer maker PalmOne is considering moves that would take it beyond the operating system that helped make the company a household name.
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The company may be hinting at going public.
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PalmSource is expanding its global reach with the acquisition of China MobileSoft. CMS and its subsidiaries offer an array of software and applications for next-generation mobile phones, including
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Palm used to dominate the market with the best gadget. What went wrong? Mike Elgan gives his views.
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By The Dallas Morning News  Feb. 6--A Plano software company that lets smart-phone users create, read and edit Microsoft Office files said Monday that it has secured $7 million in venture capital and named former PalmSource chief executive Patrick McVeigh to its board.
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Palm OS merchant PalmSource is buying mobile phone ISV China MobileSoft (CMS) in a $22.6 million stock deal to tap into the huge Chinese market and the growing popularity of Linux.
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PalmSource is not the only mobile device manufacturer with high interests in Linux, NTT DoCoMo has just announced an agreement with MontaVista Software, a developer of Linux software for mobile handsets and other related devices, to acquire majority stake
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Palm sells 25% of its business AND brings in the man behind the iPod. Should investors buy Palm?
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Facing increasing competition in the smartphone market, Palm Inc., said Wednesday that it might see a small loss in its fiscal first quarter.