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HP Buying Palm For $1.2 Billion

finance.yahoo.com

51–60 of 148 posts

Re: HP Buying Palm For $1.2 Billion

#51

HP's getting a hell of a deal here. They're now a major player in the mobile devices market, overnight. Palm has current relationships with the three biggest American cell carriers, plus channels in Canada, France, Germany, UK, and Mexico. Palm also has an extensive patent portfolio, many of which Apple is infringing upon. However, the real prize is WebOS. I just got back from Palm's Developer Day, and their technolo…

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Re: HP Buying Palm For $1.2 Billion

#52

HP's getting a hell of a deal here. They're now a major player in the mobile devices market, overnight. Palm has current relationships with the three biggest American cell carriers, plus channels in Canada, France, Germany, UK, and Mexico. Palm also has an extensive patent portfolio, many of which Apple is infringing upon. However, the real prize is WebOS. I just got back from Palm's Developer Day, and their technolo…

I laughed because they were also a major player in the mobile devices market upon the acquisition of Compaq. Remember the iPaq? They were solid devices at the time and sold well.

Granted, your emphasis on WebOS is correct. That time, they didn't get control of an OS. Microsoft let WinCE stagnate to some degree over the next few years. We'll see how HP does this time around.

Re: HP Buying Palm For $1.2 Billion

#53
post #51

HP's getting a hell of a deal here. They're now a major player in the mobile devices market, overnight. Palm has current relationships with the three biggest American cell carriers, plus channels in Canada, France, Germany, UK, and Mexico. Palm also has an extensive patent portfolio, many of which Apple is infringing upon. However, the real prize is WebOS. I just got back from Palm's Developer Day, and their technolo…

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Re: HP Buying Palm For $1.2 Billion

#55
post #25
post #18

Earlier quoted context omitted.

It's funny, even though Apple has resisted messing up the hardware, there is still that "Sent from my iPhone" message which always struck me as having no taste at all. It is different because you can remove it, but still.

I view 'Sent from my BlackBerry / iPhone' as a way of explaining why the email is so short.

I view it as some yuppy jackass being able to prove he overpaid for a phone that doesn't actually make phone calls.

Re: HP Buying Palm For $1.2 Billion

#56

Man, that is a big pile of cash. It hardly seems worth it, but if HP wanted to be a player in the mobile space now they are. But Palm has a (very long and storied) software problem, not a hardware problem. HP doesn't have much of a reputation in consumer-grade OS software development so I'm not sure how they will be able succeed where Palm failed.

Software problem?

Though Palm Pre and Pixi didnt sell as expected, Palm's WebOS has received pretty decent feedback from all over.

Re: HP Buying Palm For $1.2 Billion

#58

Wow, that just came out of no where. Did anyone really think of HP as a serious contender? great move! Elevation Partners must be trilled!

It's a save, not a single, but yeah: http://twitter.com/danprimack/status/13026332506

In September 2009, Palm did a public offering to help payback a large portion of that money to Elevation Partners.

http://investor.palm.com/releasedetail.cfm?ReleaseID=369812

EDIT: Ouch, looks like they paid $9 per share initially. http://investor.palm.com/releasedetail.cfm?ReleaseID=246860

Re: HP Buying Palm For $1.2 Billion

#60

I have to think that HP could just throw $100m at the problem and build an embedded OS that's far better than Palm, without having to take on the assets of a long-since failed corporation.

Big companies are terrible at solving problems by throwing $millions at them. Depressing, but true.
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