content: <PAGE>
  
                        SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549-1004
  
                                     FORM 8-K
                     CURRENT REPORT PURSUANT TO SECTION 13 OF
                        THE SECURITIES EXCHANGE ACT OF 1934
          Date of Report (date of earliest event reported):  May 17, 2001
  
  
  
                                    Palm, Inc.
              (Exact name of Registrant as specified in its charter)
  
            Delaware                       0-29597                 94-3150688
  (State or other jurisdiction of  [Commission File Number]     (I.R.S. Employer
  incorporation or organization)                            Identification Number)
  
  
                            5470 Great America Parkway
                              Santa Clara, CA  95052
                     (Address of principal executive offices)
  
                                  (408) 326-9000
               (Registrant's telephone number, including area code)
  <PAGE>
  
  ITEM 5.  OTHER EVENTS
  
       On May 17, 2001, Palm, Inc. ("Palm") and Extended Systems Incorporated
  ("Extended Systems") entered into a Mutual Termination Agreement And Amendment
  to Agreement And Plan of Reorganization (the "Termination Agreement") which
  terminated the Agreement and Plan of Reorganization between Palm and Extended
  Systems dated March 6, 2001 pursuant to which Palm was to acquire Extended
  Systems (the "Merger Agreement").  The Merger Agreement is attached as Exhibit
  99.1 to this Form 8-K.  The Termination Agreement is attached as Exhibit 99.2 to
  this Form 8-K.
  
       On May 17, 2001, Palm issued a press release announcing the termination of
  the Merger Agreement. This press release is attached as Exhibit 99.3 to this
  Form 8-K.
  
       On May 17, 2001, Palm issued a press release announcing a lower revenue
  outlook for its fourth quarter of fiscal 2001 and summarizing actions taken by
  Palm to address conditions facing its business.  This press release is attached
  as Exhibit 99.4 to this Form 8-K.
  
  
  ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS
  
  
      (c)  Exhibits.
  
  
  <TABLE>
  <CAPTION>
        Exhibit
         Number                                              Description
  -----------------     -----------------------------------------------------------------------------------
  <C>                   <S>
          99.1          Agreement and Plan of Reorganization by and between Palm, Inc. and Extended Systems
                        Incorporated dated March 6, 2001.  (Incorporated by reference from Exhibit 1 to the
                        Schedule 13D for Palm, Inc. filed on March 15, 2001 (File No. 005-55473)).
          99.2          Mutual Termination Agreement And Amendment to Agreement And Plan of Reorganization by
                        and between Palm, Inc. and Extended Systems Incorporated dated as of May 17, 2001.
          99.3          Palm, Inc. Press Release issued May 17, 2001.
          99.4          Palm, Inc. Press Release issued May 17, 2001.
  </TABLE>
  <PAGE>
  
                                     SIGNATURE
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                      Palm, Inc.
                                      (Registrant)
  
  
  Date:  May 24, 2001           By: /s/ Judy Bruner
                                   _____________________
                                Judy Bruner
                                Senior Vice
                                President and Chief Financial Officer
  
  
  
                                        -2-
  <PAGE>
  
                                   EXHIBIT INDEX
  <TABLE>
  <CAPTION>
  
        Exhibit
         Number                                              Description
  -----------------     -----------------------------------------------------------------------------------
  <C>                   <S>
          99.1          Agreement and Plan of Reorganization by and between Palm, Inc. and Extended Systems
                        Incorporated dated March 6, 2001.  (Incorporated by reference from Exhibit 1 of the
                        Schedule 13D of Palm, Inc. (File No. 005-55473).)
          99.2          Mutual Termination Agreement And Amendment to Agreement And Plan of Reorganization by
                        and between Palm, Inc. and Extended Systems Incorporated dated as of May 17, 2001.
          99.3          Palm, Inc. Press Release issued May 17, 2001.
          99.4          Palm, Inc. Press Release issued May 17, 2001.
  </TABLE>
  
  
                                        -3-
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metadata_filer: {"company-data": {"conformed-name": "PALM INC", "cik": "0001100389", "assigned-sic": "3575", "irs-number": "943150688", "state-of-incorporation": "DE", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-29597", "film-number": "1647411"}, "business-address": {"street1": "5470 GREAT AMERICA PARKWAY", "city": "SANTA CLARA", "state": "CA", "zip": "95052", "phone": "4083269000"}, "mail-address": {"street1": "5470 GREAT AMERICA PARKWAY", "city": "SANTA CLARA", "state": "CA", "zip": "95052-8145"}}
text: SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C.  20549-1004
  
                                     FORM 8-K
                     CURRENT REPORT PURSUANT TO SECTION 13 OF
                        THE SECURITIES EXCHANGE ACT OF 1934
          Date of Report (date of earliest event reported):  May 17, 2001
  
                                    Palm, Inc.
              (Exact name of Registrant as specified in its charter)
  
            Delaware                       0-29597                 94-3150688
  (State or other jurisdiction of  [Commission File Number]     (I.R.S. Employer
  incorporation or organization)                            Identification Number)
  
                            5470 Great America Parkway
                              Santa Clara, CA  95052
                     (Address of principal executive offices)
  
                                  (408) 326-9000
               (Registrant's telephone number, including area code)
  ITEM 5.  OTHER EVENTS
  
       On May 17, 2001, Palm, Inc. ("Palm") and Extended Systems Incorporated
  ("Extended Systems") entered into a Mutual Termination Agreement And Amendment
  to Agreement And Plan of Reorganization (the "Termination Agreement") which
  terminated the Agreement and Plan of Reorganization between Palm and Extended
  Systems dated March 6, 2001 pursuant to which Palm was to acquire Extended
  Systems (the "Merger Agreement").  The Merger Agreement is attached as Exhibit
  99.1 to this Form 8-K.  The Termination Agreement is attached as Exhibit 99.2 to
  this Form 8-K.
  
       On May 17, 2001, Palm issued a press release announcing the termination of
  the Merger Agreement. This press release is attached as Exhibit 99.3 to this
  Form 8-K.
  
       On May 17, 2001, Palm issued a press release announcing a lower revenue
  outlook for its fourth quarter of fiscal 2001 and summarizing actions taken by
  Palm to address conditions facing its business.  This press release is attached
  as Exhibit 99.4 to this Form 8-K.
  
  ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS
  
      (c)  Exhibits.
  Exhibit
         Number                                              Description
  -----------------     -----------------------------------------------------------------------------------
  99.1          Agreement and Plan of Reorganization by and between Palm, Inc. and Extended Systems
                        Incorporated dated March 6, 2001.  (Incorporated by reference from Exhibit 1 to the
                        Schedule 13D for Palm, Inc. filed on March 15, 2001 (File No. 005-55473)).
          99.2          Mutual Termination Agreement And Amendment to Agreement And Plan of Reorganization by
                        and between Palm, Inc. and Extended Systems Incorporated dated as of May 17, 2001.
          99.3          Palm, Inc. Press Release issued May 17, 2001.
          99.4          Palm, Inc. Press Release issued May 17, 2001.
  SIGNATURE
  
       Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                      Palm, Inc.
                                      (Registrant)
  
  Date:  May 24, 2001           By: /s/ Judy Bruner
                                   _____________________
                                Judy Bruner
                                Senior Vice
                                President and Chief Financial Officer
  
                                        -2-
  EXHIBIT INDEX
  Exhibit
         Number                                              Description
  -----------------     -----------------------------------------------------------------------------------
  99.1          Agreement and Plan of Reorganization by and between Palm, Inc. and Extended Systems
                        Incorporated dated March 6, 2001.  (Incorporated by reference from Exhibit 1 of the
                        Schedule 13D of Palm, Inc. (File No. 005-55473).)
          99.2          Mutual Termination Agreement And Amendment to Agreement And Plan of Reorganization by
                        and between Palm, Inc. and Extended Systems Incorporated dated as of May 17, 2001.
          99.3          Palm, Inc. Press Release issued May 17, 2001.
          99.4          Palm, Inc. Press Release issued May 17, 2001.
  -3-