Original: In April 2005, palmOne purchased PalmSource's share in the 'Palm' trademark for US$ 30 million. In July 2005, palmOne launched its new name and brand reverting back to Palm, Inc. and trading under the ticker symbol PALM once again.
Simplified: In 2004, Palm changed their name to PalmOne, but later in 2005 they switched back to Palm, Inc./ORGANIZATION.