P-A-L-M to the boonies?
“PalmOne Inc. said it is acquiring full rights to the “Palm” brand name and will change its name to Palm Inc. later this year. Milpitas, Calif.-based PalmOne also said Tuesday that it has renewed its license of the Palm operating system through 2009. Under the terms of the agreement, palmOne said it will pay PalmSource Inc. minimum royalty payments of $148.5 million, subject to meeting certain milestones.”
Widely reported in the media in the last few days is also PalmSource CEO David Nagel’s departure, which makes one wonder if a reintegration is in the works.
Now, if the combined Palms would then head to the boonies in the developing world, it could be a good win-win for both parties. For more, read yesterday’s post: Boonies may be the next big opportunity!
[…] PALM to the boonies […]
[…] Going back another week, Sramana was back in the mobility industry. “iPhone and the Future of Palm“: “Analysts tend to agree that Smartphones is where the growth is. … On the OS side, Symbian dominates, but its market share is eroding, with Microsoft Windows Mobile and Linux gaining ground. … Palm has a lot of relationships, and a good implementation of Windows Mobile phones. This makes it the most valuable as an acquisition target for those laptop vendors trying to defend themselves against this positioning in the long term, and those who do not have any existing mobile carrier relationships to get into this game easily. … I do believe going at it alone will be extremely difficult for them at this point, unless they really change their strategy and go for a hardcore enterprise play as I explored earlier, or go for the lower-priced emerging market killer app strategy.” […]