The News Observer reports that Jud Bowman, the co-founder of Motricity has just acquired the PocketGear platform(including the remainder of the once-popular PalmGear ESD) from Motricity.

He will remain in the old Durham offices along with 15 unnamed employees, and will run PocketGear independently from Motricity.

As of now, there is next to no news on what this actually means for developers. Nev ertheless, you heard it from TamsPalm first…

P.S. The article is two pages long and contains loads of personal info on Mr.Bowman, but nothing else about the future of the portal…