According to a trusted insider on Howard Forums, the Motorola Droid Bionic for Verizon has been canceled in favor of another handset.

With leaks and other rumors pointing towards Verizon producing several seemingly identical devices, the cancelation of the Bionic almost makes sense. Instead of continuing development on the Bionic, Motorola and Verizon are instead rumored to begin focusing on something new like the Targa (pictured below) or a familiar name like the Droid X2. Unfortunately, nothing else is known at this time.

Stay tuned to DroidDog as this story continues to develop.

Via PhoneDog