Palm Ends The Novel, was Acquired by HP
After rumors about the purchase by HTC that later took place and a few more comments that you could read in the blogosphere, Palm’s novel has ended, apparently with a happy ending.
It all started because Palm could not sell their mobile phones, not because they were evil, but because they needed something to achieve as many sales as its competitors, which was causing the collapse of the company. HTC Then people said they were interested in buying, which in my opinion was the best thing that could happen, but it was not so.
Now, to everyone’s surprise, HP announced it has bought Palm in an amount close to 1.2 billion dollars and just have to end with the bureaucratic process to complete the transaction. It seems a strong indication that HP plans to attack the entire market of mobile devices, to now owning the operating system WebOS, and complementing the already announced HP Slate. Let us not be surprised to see in a couple of months some ads for HP smartphones.
Tags: hp, palm, smartphone
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