PalmSource Buy Yields New OS
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December 9, 2004 - PalmSource Inc. has purchased China MobileSoft Ltd., Nanjing, a vendor of mobile phone software and operating systems.
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PalmSource will go after the emerging smart phone market with its latest operating system, looking to grow beyond its core handheld business.
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Palm handhelds with the Palm OS aren't going anywhere anytime soon. The company has signed a perpetual licensing agreement with the operating system's owners, Access Systems Americas.
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(InfoWorld) - Recent reports that Nokia is in talks to buy Palm surprise some analysts, who nonetheless said some type of buyout might make sense and could even be a good thing for customers. According to news reports, the pioneering handset maker has been talking with possible suitors, and Nokia has emerged as the frontrunner for an acquisition, though investors might simply take the company private. Earlier reports said Motorola wanted to buy Palm. Palm is profitable and increasing sales but faces tough competition and has stumbled recently. It has sold fewer devices than analysts expected in recent quarters, in part because of delays in getting products out, said Casey Ryan of Nollenberger Capital Partners in San Francisco. New products from Research In Motion and other rivals have also eaten into Palm's market share, Ryan said. The whole high-end phone category is drawing many new entrants with flashy devices, including Apple with its iPhone. Palm was instrumental in creating the market for PDAsÂ in the 1990s but has moved with the rest of the handheld business to devices that can also be used as phones. Its Treo smartphones, which come with either the Palm OS or the MicrosoftÂ Windows Mobile platform, are now Palm's bread and butter. A Palm purchase by Nokia would mark a sharp turn for the Finnish cell-phone giant, analysts said. Nokia is focused on the OS developed by Symbian, of which it is a major owner, and its own operating systems, Needham's Ryan said. Although it has had trouble selling its high-end phones in some areas outside Europe, such as the U.S., Nokia has always insisted its operating systems were better than the competition's. Bringing the Palm and Microsoft platforms into its lineup would be like Apple's chief Steve Jobs unveiling a Windows PC, he said. "To me, it would seem to be a very challenging press conference," Ryan said. Even if Nokia swallowed hard and admitted it needed Palm OS and Windows Mobile, the company would be faced with steep hurdles in corporate integration, he added. A private buyout would make more sense, the analysts said. Palm is a basically sound company in a growing industry and could appreciate strongly over the next few years, according to Ryan. A reported price of $20 per share seems reasonable, he said. On Thursday, Palm's shares (PALM) closed at $16.49, down $0.06. Private investors could turn out to be heroes to Palm OS users, according to Greengart. They could shield Palm from the harsh glare of quarterly earnings expectations, possibly freeing management to make the big investment required to bring Palm OS up to date, he added. Despite several changes in direction and ownership over the past few years, the software has remained largely the same except for the addition of video capability, he said.
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How to buy back PalmSource without buying back PalmSource Palm has effectively committed itself to producing handheld devices based on the Palm OS - which it no longer owns - by agreeing to pay $44m for a perpetual licence for the source code underlying the Garnet incarnation of the operating system. The move is tantamount to Palm re-acquiring PalmSource.â¦
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Updated OS, new consumer products expected to be introduced next month.
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PARIS On Tuesday, PalmSource, the maker of the Palm operating system for hand-held devices, is scheduled to announce its first operating system designed specifically for smart phones, mobile phones that allow you to not only make voice calls but also use
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Looking to compete with the likes of Symbian and Microsoft, PalmSource is unveiling its new operating system geared specifically for the creation of smartphones.
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Users will be able to upgrade between versions just by purchasing a new product key.
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PalmSource finally unveiled its new OS, version 1.1 of Palm OS Cobalt, as &quot;the first PalmOS designed specifically to support phones&quot;.
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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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The open-source software Linux is making a bigger dent in China&#39;s ever-galloping mobile phone market. US-based PalmSource, provider of Palm OS, a popular operating system powering
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On Wednesday, mobile device maker Palm demonstrated the fruits of a secret project that one of Palm&#39;s founders, Jeff Hawkins, had been working on. Palm&#39;s new Foleo is a Linux-powered, laptop-like device that serves as a companion to smartphones. Analysts and observers have started to weigh in with their opinions, and many are less than raves.
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Palm kicks off its European developer conference in Munich this week with details of a new release of its Cobalt OS. Cobalt 6.1 will feature new GSM and 802.
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SUNNYVALE, Calif. PalmSource -- the maker of Palm operating systems for handheld computers -- plans to introduce new software tomorrow to serve as the brains for so-called smart phones.
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Microsoft overtook PalmSource in the third quarter as the world&#39;s biggest operating system for handheld computers, a survey showed Friday.
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Rumours of our death are in no way ex... Comment Last week we ran an article covering the launch of a new Palm OS emulation environment, and commented that development for Palm OS was grinding to a halt and the platform would soon be forgotten.â¦