Access says that the Palm OS ain't dead yet

So the big tech story of the day yesterday bar none was the
purchase of PalmSource, the keeper of the Palm OS, for
$324.3 million by Access, a Japanese company which makes browsers for mobile devices. It's no shock that PalmSource was on the block, the company had been withering ever since it was cleaved from its more hardware-centric sibling Palm back in 2003, but even the insiders we've spoken to were a little surprised that it was Access that snapped them up (most people figured that any potential buyer would be Palm or maybe a Linux company like Red Hat).

Anyway, the major question on everyone's mind now is: What in the hell happens to the Palm OS? Palm itself is already taking some steps away from the OS — they're not-so-quietly prepping a
Windows Mobile-powered Treo — and that along with yesterday's acquisition has led to plenty of speculation over the past 24 hours that we're facing the death of the Palm OS. It ain't happening, says an Access rep quoted by CNET, they're promising to stay the course (and maybe even try to restart Cobalt), with several analysts predicting that Access intends to complete PalmSource's long transition to a Linux-based version of the Palm OS which they'll pitch to Asian manufacturers.