Article: Palm completes formation of Palm OS subsidiary as Palm Powered devices hit 20 million sold.

M2 PRESSWIRE-21 January 2002-Palm, Inc.: Palm completes formation of Palm OS subsidiary as Palm Powered devices hit 20 million sold (C)1994-2002 M2 COMMUNICATIONS LTD

RDATE:21012002

SANTA CLARA, Calif. -- Palm, Inc. (Nasdaq: PALM) today announced that it has completed the formation of the Palm OS subsidiary, providing a complete internal separation of Palm's device and operating system platform businesses. Under the new corporate structure, Palm, Inc., through its Solutions Group, will license the Palm OS platform as the foundation for its industry-leading Palm handhelds.

In an update on the state of the handheld marketplace, the Palm OS ...

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