Access buys PalmSource

Access, the Japanese company behind the popular Netfront browser for phones and PDAs, has purchased PalmSource, the software part of the Palm PDA business, for around USD $324.3 million.

Not sure what the plan is here, but PalmSource has been looking more and more shakey recently, with the delays in their latest Cobalt operating system, and the revelation of Palm hardware devices running Windows Mobile. This leaves me wondering if this is just a desperate grab by Access to keep PalmSource alive for a little bit longer.

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