PALM, last described here as being abandoned by its inhabitant rats, is dead as an independent company. HP bought PALM for $1.4B. (Or maybe $1.2B.)
HP presumably has plans for the Palm brand in its mobile device business, and will get a chance to consider whether the PalmOS (whose brains have already departed PALM) will get broader adoption in HP devices, or will be retired in favor of Android or another competitor.
Ahh, PALM. We hardly knew ye.