Palm Pays $44M For Perpetual OS License
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Palm said today it will pay $44 million to Japan's Access Systems for a perpetual license of the operating system used by Treo smartphones and PDAs. The agreement ensures current and future Palm devices remain compatible with Palm's Garnet operating system. Palm, which also licenses Microsoft's Windows Mobile 5.0 Pocket PC Edition OS, said the one-time payment avoids yearly royalties to Access worth tens of millions of dollars.
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