PalmSource to announce major new licensee

Jun 30 2005 - 08:39 PM ET | Palm
PalmSource (maker of the PalmOS used by such devices as the Treo 650) is expected to announce a major new licensee. According to interim CEO Patrick McVeigh, the company has signed a "tier 1" manufacturer. Motorola, LG and Sony Ericsson are all possibilities, with LG being the leading guess. More details will be announced soon.