Feeds

PalmSource bought by browser developer

Access all areas?

3 Big data security analytics techniques

Japanese mobile content company Access is to buy the Palm OS, it said today. The move has the blessing of Palm.

Access will acquire PalmSource, paying cash for the shares in a deal that values the operating system developer at $324.4m. PalmSource's Nasdaq-traded share price closed at $10.09 yesterday. Access' $18.50-a-share bid amounts to an 83 per cent premium on that price.

PalmSource's shares shot up in price towards the end of August on speculation that the company was about to be acquired. The stock leapt to well over $10 from a year-low of $7.39. However, the most likely buyer was seen as PalmOne, which recently bought PalmSource's rights to the Palm name and rechristened itself Palm.

Access specialises in Internet access and content delivery software for mobile devices. Its main product is NetFront, a browser which runs on a variety of platforms, including Windows Mobile and Symbian/Series 60. NetFront is the foundation for Sony's PlayStation Portable browser, which it recently bunded with version 2.0 of the PSP's firmware.

PalmSource last year acquired China MobileSoft to boost its ability to pitch its software at the Chinese and Asian markets, and to rebuild the Palm OS, this time on a Linux foundation.

Put all this together and you have, Access believes, a "comprehensive yet flexible solution for the mobile market". Or so the company said today. How its shift from a platform-independent application developer to the owner of an an OS that competes with the platforms on which it builds those applications will play out remains to be seen. Certainly, Access provided no up-front guidance on how the acquisition of PalmSource will alter its approach. Or how it expects the Palm OS' other licensees to react to the news.

The Palm OS' key licensee is Palm, of course. Company CEO Ed Colligan didn't welcome the deal explicitly, but he did say it will "allow us to continue to deliver great products for our customers". He added: "We look forward to continuing our strong working relationship to advance the Palm OS platform."

But Palm has made no secret of its willingness to embrace other platforms - a Windows Mobile version of the Treo smart phone is expected to be announced shortly - so it clearly no longer sees the operating system as central to its offer. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.