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The story of the company that could

Palm started out as a division of US Robotics, and in 1996 they launched their first PDA, the PalmPilot 1000 and 5000, so named because they could store approximately 1000 or 5000 contacts in the 128/512KB RAM.

Later they became a division of 3Com, and during that time, the founders, because of the lack of control, left and formed Handspring, which subsequently licensed the Palm OS for use in the Handspring Visor line of PDAs.

In 2000, Palm computing was spun out as a separate company, and in 2003, merged with Handspring to form PalmOne(which sold the Hardware) and PalmSource(the software part of the company).

PalmSource was aquired by Access Software in 2005.

Good links:
Wikipedia entry

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