Palm Adopts New Name

Palm Inc. last week said that it will change its name to palmOne Inc., following the completion of a spin-off of its PalmSource operating-system unit. The move will help distinguish the company that makes the Palm handheld operating system (PalmSource) and the company that makes handheld devices that run the software (palmOne). PalmOne will be responsible for the hardware side of the business, including the Zire, Tungsten, and Treo handheld brands, all of which will also bear the new company's name beginning next year. PalmSource's Palm operating system will continue to use that name, and hardware that runs it will be identified as "Palm powered."