July 23, 2001
Palm to announce steps to ARM transition
Author: JT Smith
Tomorrow, handheld maker Palm, Inc. is expected to announce its first steps on the road to converting its operating system for use on ARM-based processors. The company will make public an agreement with chipmakers Intel, Motorola, Texas Instruments, and ARM Holdings to assist with the transistion. Current Palm-based handhelds use Motorola's Dragonball processors; Palm announced last winter that its future product line would center around ARM technology. Shareholders don't appear to be shivering with anticipation, shares of PALM were down 19 cents to 5.19 at the time this NewsVac brief was filed.