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Just as there's only one Madonna and one Cher, soon there will be a single Palm. PalmOne Inc. is paying $30 million to PalmSource Inc. for full rights to the Palm trademark. The two companies have been sharing the name through a jointly owned trademark holding company since Palm Inc. was split into two entities in 2003. But PalmSource found that consumers associated the Palm name with the handheld device rather than the operating system and so decided to create a new brand.
June 03, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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