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Palm, Inc.
Palm, Inc., was an American company that specialized in manufacturing personal digital assistants (PDAs) and developing software. Palm designed the PalmPilot, the first PDA successfully marketed worldwide, and was known for the Treo 600, one of the earlier successful smartphones. Palm developed the Palm OS software for PDAs and smartphones released under its line of Palm-branded devices and also licensed to other PDA manufacturers.
The company was also responsible for the first versions of webOS, the first multitasking operating system for smartphones, and enyo.js, a framework for HTML5 apps. In July 2010, Palm was purchased by Hewlett-Packard (HP), and in 2011 announced a new range of webOS products. However, after poor sales, HP CEO Léo Apotheker announced in August 2011 that it would end production and support of Palm and webOS devices, marking the end of the Palm brand after 19 years. In October 2014, HP sold the Palm trademark to a shelf corporation tied to the Chinese electronics firm TCL Corporation.
Palm, headquartered in Sunnyvale, California, was responsible for numerous products including the Pre and Pixi as well as the Treo and Centro smartphones. Previous product lines include the Pilot 1000, Palm Pilot Pro, Palm III, Palm V, Palm VII, Zire and Tungsten. While their older devices run Palm OS Garnet, four editions of the Treo run Windows Mobile.
Palm Computing, Inc., was founded in 1992 by Jeff Hawkins, who later hired Donna Dubinsky and Ed Colligan, all of whom guided Palm to the invention of Palm Pilot. The company was started to write software for the Zoomer, a consumer PDA manufactured by Casio for Tandy. The Zoomer devices were also distributed by Casio and GRiD, while Palm provided the PIM software. The PEN/GEOS operating system was provided by Geoworks.
The Zoomer failed commercially, but Palm continued generating revenue by selling synchronization software for HP devices, and the Graffiti handwriting recognition software for the Apple Newton MessagePad.
The company was acquired by U.S. Robotics Corp. in 1995. In June 1997, U.S. Robotics was acquired by 3Com and Palm became a 3Com subsidiary. In June 1998, the founders became unhappy with the direction in which 3Com was taking the company, and left to found Handspring.
3Com made the Palm subsidiary an independent, publicly traded company on 1 March 2000, and it traded on the NASDAQ under the ticker symbol PALM. Palm Inc had its IPO during the dot-com bubble and in its first day of trading the shares of the new company hit an all-time high of US$95.06. But competition and the end of the tech bubble caused Palm's shares to lose 90% of their value in just over a year. By June 2001 the company's shares were trading at US$6.50, making it the worst performing PDA manufacturer on the NASDAQ index at the time.
In January 2002, Palm set up a wholly owned subsidiary to develop and license Palm OS, which was named PalmSource in February. PalmSource was then spun off from Palm as an independent company. In October 2003, the hardware division of the company merged with Handspring, was renamed to palmOne, Inc. and traded under the ticker symbol PLMO. The Palm trademark was held by a jointly owned holding company.
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Palm, Inc.
Palm, Inc., was an American company that specialized in manufacturing personal digital assistants (PDAs) and developing software. Palm designed the PalmPilot, the first PDA successfully marketed worldwide, and was known for the Treo 600, one of the earlier successful smartphones. Palm developed the Palm OS software for PDAs and smartphones released under its line of Palm-branded devices and also licensed to other PDA manufacturers.
The company was also responsible for the first versions of webOS, the first multitasking operating system for smartphones, and enyo.js, a framework for HTML5 apps. In July 2010, Palm was purchased by Hewlett-Packard (HP), and in 2011 announced a new range of webOS products. However, after poor sales, HP CEO Léo Apotheker announced in August 2011 that it would end production and support of Palm and webOS devices, marking the end of the Palm brand after 19 years. In October 2014, HP sold the Palm trademark to a shelf corporation tied to the Chinese electronics firm TCL Corporation.
Palm, headquartered in Sunnyvale, California, was responsible for numerous products including the Pre and Pixi as well as the Treo and Centro smartphones. Previous product lines include the Pilot 1000, Palm Pilot Pro, Palm III, Palm V, Palm VII, Zire and Tungsten. While their older devices run Palm OS Garnet, four editions of the Treo run Windows Mobile.
Palm Computing, Inc., was founded in 1992 by Jeff Hawkins, who later hired Donna Dubinsky and Ed Colligan, all of whom guided Palm to the invention of Palm Pilot. The company was started to write software for the Zoomer, a consumer PDA manufactured by Casio for Tandy. The Zoomer devices were also distributed by Casio and GRiD, while Palm provided the PIM software. The PEN/GEOS operating system was provided by Geoworks.
The Zoomer failed commercially, but Palm continued generating revenue by selling synchronization software for HP devices, and the Graffiti handwriting recognition software for the Apple Newton MessagePad.
The company was acquired by U.S. Robotics Corp. in 1995. In June 1997, U.S. Robotics was acquired by 3Com and Palm became a 3Com subsidiary. In June 1998, the founders became unhappy with the direction in which 3Com was taking the company, and left to found Handspring.
3Com made the Palm subsidiary an independent, publicly traded company on 1 March 2000, and it traded on the NASDAQ under the ticker symbol PALM. Palm Inc had its IPO during the dot-com bubble and in its first day of trading the shares of the new company hit an all-time high of US$95.06. But competition and the end of the tech bubble caused Palm's shares to lose 90% of their value in just over a year. By June 2001 the company's shares were trading at US$6.50, making it the worst performing PDA manufacturer on the NASDAQ index at the time.
In January 2002, Palm set up a wholly owned subsidiary to develop and license Palm OS, which was named PalmSource in February. PalmSource was then spun off from Palm as an independent company. In October 2003, the hardware division of the company merged with Handspring, was renamed to palmOne, Inc. and traded under the ticker symbol PLMO. The Palm trademark was held by a jointly owned holding company.
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