SLT writes "According to Engadget, PalmSource was purchased by Access, a Japanese cell phone software company known for their NetFront browser. What does this mean for the future of Palm?" More coverage at LinuxDevices and Reuters. From the Reuters article: "Japanese software developer Access Co. said on Friday it would make U.S. software developer PalmSource Inc. wholly owned in a 34.4 billion yen ($311.3 million) cash deal to strengthen its development of software for handheld devices. Access will pay cash to shareholders of PalmSource, which will be later absorbed by Access' U.S. unit Apollo Merger Sub Inc., Access said in a statement."