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HP Makes Its Mobile Move, Saves Palm From Collapse

Apr 28, 2010 Cellpex, United States, Ohio - admin


Larry Dignan (ZDNet) submits: Hewlett-Packard (HPQ) has stepped in as a surprise buyer for Palm (PALM). HP will buy Palm and its webOS operating system for $1.2 billion, or $5.70 a share. With the deal HP becomes a smartphone player because it will acquire an operating system, intellectual property and handset designs. It’s likely that HP CEO Mark Hurd will give Palm some manufacturing discipline and scale.Complete Story »


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