We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

PalmOne Pays $30M For Palm Brand

Law360 (May 24, 2005, 12:00 AM EDT) -- Handheld computer maker palmOne Inc. has agreed to pay $30 million to PalmSource Inc., the operating system licensing business it spun off in 2003, to reclaim trademark rights to the Palm brand name.

As part of the deal, PalmOne intends to revert to the Palm Inc. name, while PalmSource will likely eventually change its name, sources said.

PalmSource, maker of the "Palm" operating system software used in devices made by PalmOne and other manufacturers, and PalmOne split in two in October 2003. Since then, the two...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.