Blog: View Post

HP Purchases Palm for $1.2 billion

4/29/2010 11:35:00 AM

Yesterday HP announced that they were purchasing Palm for $1.2 billion (USD). HP was once one of the devices that I used to own during the early days of the smartphone and PDA market. Their devices fell to the wayside as other platforms came about, and then eventually the iPhone.

(more...)

The purchase of Palm will be beneficial to both HP and Palm, by allowing them to open many new markets that exist. HP will gain needed patents on smartphone technology, a ready made platform that is modern and a very well built modern operating system. Palm in return will get the badly needed cash and support from a larger company that will hopefully be able to increase the acceptance of their devices.

BLOGS THAT I READ
Thoughts of a Bohemian
Joe McNally
A Photo Editor
Vincent Laforet
John Nack on Adobe

ARCHIVES