Palm finally sinks, acquired by HP for $1.2 billion

    Palm finally sinks, acquired by HP for $1.2 billion


    Posted: 28 Apr 2010
    In an unexpected move today, HP announced it would buy ailing handset-maker Palm for $1.2 billion, a 23% premium. The decision has already been approved by the boards of both companies and will give HP a new strength in the mobile computing market -- an unquestionable bonus with tablet-fever on the rise.
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    Other articles -

    HP to acquire Palm for $1.2 billion
    Palm being bought by Hewlett-Packard for $1 billion
    HP Buys Palm: How It Changes Everything
    Airbot's Avatar Posted By: Airbot
    28 Apr 2010



  1. Posts : 761
    Windows 2000 5.0 Build 2195
       #1

    Awww. I never used Palm products, but I like them as a company. The first touch screen device I touched EVER was a Palm. It was 8 years ago. I was ten. I grew to like that small black-and-white screen that need charging every so often. Of course, that was the only Palm I used, and I loved Windows Mobile the moment I saw it.

    Nevertheless, Palm was my first touch. And I hope HP doesn't dissolve that brand name.
      My Computer


  2. Posts : 1,360
    Windows 7 Ultimate x64
       #2

    If all goes well, WebOS and the Palm brand will continue on, and if they do well enough under HP they may be able to break away again like Palm did originally.
      My Computer


  3. Posts : 11,990
    Windows 7 Ultimate 32 bit
       #3

    I used several Palm products and liked them.
      My Computer


 

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