As a result of the merger, Handspring's shareholders will own approximately 32.2 per cent of the newly merged company on a fully diluted basis, and Palm's shareholders will own approximately 67.8 per cent. The resulting company will contain two business units: handhelds and smartphones. The former will presumably continue to develop the Zire and Tungsten PDA brands under current PSG chief Todd Bradley, while the other unit will work on Treo, Handspring's smartphone, under Handspring's COO, Ed Colligan. Hawkins will become overall CTO of the merged operation. Dubinsky will stay on as a Palm board member.