Palm for sale, Lenovo and HTC potential buyers?

By Julio Franco
Apr 12, 2010
  1. Handheld maker Palm is putting itself up for sale according to Bloomberg sources, who assert the company is already working with Goldman Sachs and Qatalyst Partners to find a buyer. Related rumors have been around since at least last week, creating reactions in the stock market with Palm's shares rising 30% over the last 5 days. In fact, if you looked at Palm's stock record you could better understand how the company has been on a rollercoaster ride this past year, first regaining momemtum with the launch of the Pre and other WebOS-based smartphones, and most recently losing mindshare to com...

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  2. Vrmithrax

    Vrmithrax TechSpot Paladin Posts: 1,352   +293

    Seems like that would be a smart purchase for a company like HTC, provided the price wasn't ridiculous. Just having the patents could be worth the price of admission. It would also help to tighten the market, pulling 1 competing product out of circulation.
  3. Badfinger

    Badfinger TS Rookie Posts: 155

    I hate Palm, I have a VIIx and it was my first and last PDA, pathetically unreliable.
    I sent it back to palm for repair, and they sent it back not repaired and flaky as ever.
    By flaky: Doesn't turn on half the time, even with fresh batteries. Turns off while in use? Gone out too long, all the software is gone (reset), major pain.
    It only worked properly for me at the time, for a month?
    Sorry, but I have to slam them for this! >thumbs way down<
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