Page "Palm, Inc." Paragraph 6
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3Com made the Palm subsidiary an independent, publicly traded company on March 1, 2000, and it traded on the NASDAQ under the ticker symbol PALM.
Palm Inc had its IPO during the dot com bubble and in its first day of trading the shares of the new company hit an all time high of US $ 95. 06.
On December 18, 2008, Palm CEO Ed Colligan announced that the company would no longer develop any new handheld PDAs.
Palm announced the webOS operating system and Palm Pre smartphone at the Consumer Electronics Show on January 8, 2009, and released on June 6, 2009 with Sprint.
The design team was led by Matias Duarte, Mike Bell, Peter Skillman and Michael Abbott.
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