There probably wasn't much likelihood that Motorola was going to revive the XOOM branding, but the chances are completely gone now. Motorola has been engaged in a lawsuit with Xoom Corp, an online payment provider who has been suing Motorola over the trademark on the name Xoom. A new report says that Motorola has settled the lawsuit...
Source: http://www.phonearena.com/news/Lawsuit-forces-Motorola-to-abandon-XOOM-name-even-though-it-already-has_id46624
Source: http://www.phonearena.com/news/Lawsuit-forces-Motorola-to-abandon-XOOM-name-even-though-it-already-has_id46624