French-Thendic and the MorphOS team joined together and started a new company called Genesi which is registred in Luxenburg.
As far as I know, all work is still done in Germany (software/hardware) and French (sales).
Genesi suggestion was far more than just a simple licence for the name, IMHO if the deal would be done, it would hopefully make Atari as it was long time ago, a company making Games and Hardware.
When it comes to TOS, I'm afraid to say that there has been all to little request for a TOSbox and I don't think the MorphOS team has any skills in TOS as it is today, there would most likely be a need of some good coders to work on the TOSbox. Today all work is donw on the abox (amiga api) and qbox (morphos stuff). The mc68k emulation is already there, so it shouldn't be all to much work to make the TOSbox (at least compared to the abox).
I would suggest people to try to go to the Amiga shows that is popping up a bit everywhere, to see the Pegasos. And you all are welcome to visit the IRC channel #morphos.