As noted by Mac Otakara, Japanese firm ACCESS today announced [Google translation] that Apple has agreed to license a set of patents related to Palm's smartphone technology. ACCESS acquired the patents when it purchased PalmSource in 2005.
ACCESS notes that the portfolio of patents, which was licensed to Samsung in 2011, includes intellectual property from Palm, PalmSource, Bell Communications Research, and Geoworks.
The press release from ACCESS indicates that it will record roughly 1 billion yen ($10 million) in revenue for the quarter as part of the deal, which closed on March 31. ACCESS will evaluate the impact of the deal on the following quarter and full fiscal year and will revise its earnings forecast appropriately.