HP to Acquire Palm for $1.2 Billion

195174 hp palm original HP to Acquire Palm for $1.2 BillionHewlett-Packard is in talks with Palm to acquire the fraught phone manufacturer for $1.2 billion. Palm’s webOS mobile operating system (including Pre and Pixi phones), and most importantly the wireless technical knowledge that will reinforce HP in their wireless communication solutions will be the added assets once bid is closed.

News came by last Wednesday after the closing of U.S stock market with other companies like Lenovo and HTC with same plans as HP.

New OS released by Palm last year was used on the two phone models but with competitors Apple’s iPhone and Android phones by Google, Palm phones struggled to be sold on the market. In fact, Palm confirmed that during last year’s inventory, a huge number of phones have not been sold resulting to lower earnings.

Their have been rumors that HP’s Windows 7-based Slate tablet anticipated to be released this year will be utilizing Palms WebOS instead.  Others think that with this move by HP, it’s a fare and square race with other competitors.

Todd Bradley, executive vice president, Personal Systems Group for HP, in an arranged meeting said: “Palm’s innovative operating system provides an ideal platform to expand HP’s mobility strategy and create a unique HP experience spanning multiple mobile connected devices… Palm possesses significant IP assets and has a highly skilled team.” Palm Chairman and Chief Executive Jon Rubinstein said in a prepared statement: “We’re thrilled by HP’s vote of confidence in Palm’s technological leadership, which delivered Palm webOS and iconic products such as the Palm Pre. HP’s longstanding culture of innovation, scale and global operating resources make it the perfect partner to rapidly accelerate the growth of webOS.”

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2 Responses to “HP to Acquire Palm for $1.2 Billion”

  1. I’ve had my Pre considering that shortly soon after release and am glad to get (via this forum) that I can now set a ring tone on incoming text messages and can research by way of e-mails and such. Now is there any hope for an upcoming release through which I can lookup my calendar? Would make my career significantly much easier, discovering dates of final appointments. No other complaints, except that yesterday I had been in and out of Sprint assistance (not unusual). I think I used to be roaming, and looked at my calendar. Every little thing inside the calendar was just one hour earlier than what I had input. The clock was one hour early as nicely. I was afraid to death–then, the moment we got back into Sprint service again, every little thing was normalized. Has this happened to everyone else?? Hunting forward to answers, but please recall, I’m no techie and speak English instead of technospeak.

  2. Cassi Mohney says:

    I should say that my choice to invest in a Palm Pixi with Sprint program was each a rational and emotional one. I suggest, the Palm Pixi is gorgeous and functional. And coupled while using assistance excellent of Sprint, it seems almost nothing short of the revolution inside the creating. I think that Palm and Sprint have (almost) hit it off famously. I did a great deal of investigation just before getting the Pixi but overlooked at minimum just one point. The Pixi will not, yet, allow me synchronize my e-mails between it and Outlook. As far as I am concerned, it is a drawback I’m facing unless Palm comes up using a option swiftly. With my previous SmartPhone running a Windows OS, it was a snap to synchronize e-mails as well as other data with one’s Computer. But Pixi’s inability to perform so is doing existence a little hard for me due to the fact I’ve to Bcc each e-mail, I send out, to my e-mail address and then manually transfer it towards ‘sent’ folder in Outlook. I hope Palm, or at lowest a third-party, will appear up which has a alternative extremely soon which will simply permit me synchronize all my e-mails, and ideally all necessary info, concerning the Pixi and my office Computer.

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