I remember the Palm acquisition. At that time Palm had invested heavily in webOS [1] which wasn't as performant. When they acquired BeOS, I thought it was going to be a turn around. But that didn't happen either.
First of all Be was purchased by Palm several years before webOS ever came out. WebOS didn't even exist in the same company. After Palm split into palmSource(software) and palmOne(hardware), the BeOs stuff(along side the old PalmOS stuff) went with palmSource. Later palmOne bought the rights to the full Palm name from palmSource and became Palm again and that Palm came out with webOS.
Thanks for the correction. Clearly, my recollection was wrong.