PalmOne Officially Becomes Palm
PDA makers changes its names and its logo, but what does that mean for
its products?
Paul Kallender, IDG News Service
Thursday, July 14, 2005
PalmOne became Palm Thursday, changing its Nasdaq stock market ticker
symbol to PALM.
The
PDA maker has also changed its logo to a new design that will
appear on products later in the year, it says.
PalmOne was formed when the original Palm was renamed after spinning
off its Palm OS
PDA operating system software business into a separate
company, PalmSource, so that the software unit could concentrate on
third part licensing.
The latest name change follows PalmOne's announcement in May that it
had agreed to pay PalmSource $30 million for full rights to the Palm
brand name. The Palm brand name had been co-owned by PalmOne and
PalmSource since PalmSource was spun off in October 2003.
Product Plans
Palm manufactures PDAs (personal digital assistants), smart phones,
and other accessories. It has been hit hard in recent years because of
an overall decline in the
PDA market, and a loss of market share to
companies such as Hewlett-Packard.
But the company has bounced back somewhat with its hit Treo smart
phone products, acquired when it bought former Palm OS licensee
Handspring.
The company also recently changed its top management, appointing Ed
Colligan Chief Executive Officer (CEO) in May.
As PalmOne, the company formerly traded under the Nasdaq ticker symbol
PLMO. Palm is now located in Sunnyvale, California.
http://www.pcworld.com/news/article/...071405X,00.asp
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