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…
HP Buying Palm For $1.2 Billion
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Re: HP Buying Palm For $1.2 Billion
#52HP'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…
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
#53HP'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
#54Re: HP Buying Palm For $1.2 Billion
#55Earlier 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.
Re: HP Buying Palm For $1.2 Billion
#56Man, 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.
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
#57I 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.
Re: HP Buying Palm For $1.2 Billion
#58Wow, 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
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
#59Re: HP Buying Palm For $1.2 Billion
#60I 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.