Palms up for Sale : Any Takers?

| April 12, 2010 | Reply

You heard right, the company we all thought was gradually increasing its sales and improving their name is actually up for sale. Just after putting so much effort into a great operating system and a decent push through mainstream media Palm is done, that is until HTC or any other company buys them. This would be a smart move for one of the mainstream mobile competitors out there so they could not only gain more market but to utilize everything palm has done like patents to tech/software. Well guys, you had a good run – wonder what PalmCentral.com will do from now on? More on this story from Engadget below!

Uh, whoa. Bloomberg just reported that Palm is putting itself up for sale and that offers will potentially come in this week. That’s pretty wild news, considering CEO Jon Rubinstein was adamant just a few days ago that Palm had a plan to get profitable — even while his company’s stock price went on a buyout-rumor fueled rollercoaster. Bloomberg says that Palm’s already retained Goldman Sachs and Qatalyst Partners to find a buyer, with HTC (yes!) and Lenovo both expressing interest — and Dell’s apparently already taken a pass. Naturally none of these parties are saying anything on the record — we just pinged Palm and they declined comment — but if this is true, things are about to get wild, and fast. We’ll keep you updated, stay tuned.

Source: Engadget.com

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Category: Mobile News

About the Author ()

I am the Owner/Founder of WJDDesigns.com & GizmoNinja.com , I was born in to a world that was emerging on the frontier of technology. Within time I self taught himself everything from coding to graphic design and wanted to bring my creations to the public by the masses. With the new growing world of mobile applications I could achieve just that. I am always looking to learn something new and provide the best service and information I can. I am really a cool and calm type of guy who is more of a lounge party setting then going to the loudest rock concert ever. When I go out to eat at fancy places the ambiance is what I comment on first, if the ambiance is poor then my food doesn’t go down as good. I look at everything around me that has different shapes and colors which creates ideas I use in my everyday projects. I try to live life to the fullest when life dishes out free time. I love to teach everyone I know who isn’t as tech literate as myself and give them more information to better their decisions. The progression in technology is life, it’s my life.