Grammy Winners Hogwarts Legacy Review 'Last of Us' Episode 5 Coming Early Frozen Yogurt Day Freebies Super Bowl Ads Super Bowl: How to Watch Popular Tax Deduction Wordle Hints for Feb. 6
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

PalmSource gets credit from Valley bank

PalmSource announced Monday that it has selected Silicon Valley Bank as its principal bank and that it has established a $15 million line of credit it will use for working capital, if needed. SVB is the primary banking subsidiary of Silicon Valley Bancshares. PalmSource, the operating system subsidiary of device-maker Palm, is set to be spun off as a separate company after a shareholder vote due to take place on Oct. 28.