Friday, September 09, 2005

WSJ.com - Access to Pay $324.3 Million To Acquire PalmSource

WSJ.com - Access to Pay $324.3 Million To Acquire PalmSource "PalmSource Inc. agreed to be acquired by Tokyo-based Access Co. for $324.3 million in cash, as the Japanese information-technology software developer seeks to expand its offerings for mobile devices.
Under the deal, PalmSource, the developer of the Palm OS operating system, will merge with the U.S. unit of Access.
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PalmSource's Palm OS operating system powers more than 39 million mobile devices, including Palm hand-held computers and mobile phones. More than 45 companies world-wide, including Palm, Sony, Samsung, Kyocera and Lenovo, have licensed PalmSource software."

Weird timing, as Palm is rumored to be about to introduce its next-gen Treo using Windows Mobile...
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