Creator and Ownership
Palm OS was originally developed under the direction of Jeff Hawkins at Palm Computing, Inc. Palm was later acquired by U.S. Robotics Corp., which in turn was later bought by 3Com, which made the Palm subsidiary an independent publicly traded company on March 2, 2000.
In January 2002, Palm set up a wholly owned subsidiary to develop and license Palm OS, which was named PalmSource. PalmSource was then spun off from Palm as an independent company on October 28, 2003. Palm (then called palmOne) became a regular licensee of Palm OS, no longer in control of the operating system.
In September 2005, PalmSource announced that it was being acquired by ACCESS.
In December 2006, Palm gained perpetual rights to the Palm OS source code from ACCESS. With this Palm can modify the licensed operating system as needed without paying further royalties to ACCESS. Together with the May 2005 acquisition of full rights to the Palm brand name, only Palm can publish releases of the operating system under the name 'Palm OS'.
As a consequence, on January 25, 2007, ACCESS announced a name change to their current Palm OS operating system, now titled Garnet OS.
Read more about this topic: Palm OS
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