HP to Acquire Palm for $1.2 Billion
Posted on Wednesday, April 28 @ 13:59:17 PDT by Carl Brooks
Combination will accelerate HP’s growth within the more than $100 billion connected mobile device market
PALO ALTO and SUNNYVALE, Calif., April 28, 2010
HP and Palm, Inc. (NASDAQ: PALM) today announced that they have entered into a definitive agreement under which HP will purchase Palm, a provider of smartphones powered by the Palm webOS mobile operating system, at a price of $5.70 per share of Palm common stock in cash or an enterprise value of approximately $1.2 billion. The transaction has been approved by the HP and Palm boards of directors.
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The New Palm Smartphones: Small and Powerful, the Palm Centro is the most affordable Smartphone. Which Palm OS Treo 755p do you like, the Burgundy or Dark Blue? The Treo 680 is available from AT&T in Silver or Crimson. The Treo 700p ( Verizon or Sprint) is still an option for some. All of these have more memory, better camera and faster Internet speeds than what the fantastic Treo 650 ( Unlocked , Cingular , Sprint ) provides. Is the Windows Mobile your mobile cup of tea? Then the Treo 750 Smartphone (AT&T) orthe Treo 700wx (from Sprint or Verizon Wireless) might be for you. Palm delivers the palm Treo 700. You have been waiting for it to cost less than $30, now it does. What are you waiting for? Get your memory card today! Now you do not have to leave your movies, music, data files and more at home or the office. Carry it today on your new SD card!
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The New Palm PDAs Are Here:The Palm® Z22 was designed specifically for people who want to replace their planner. The Tungsten E2 brings more memory and Bluetooth technology. The Palm TX Handheld provides 128MB RAM and gives you Wi-Fi and Bluetooth wireless. Need to kick your storage up a notch? The Palm LifeDrive provides 4GB of internal storage and Wi-Fi and Bluetooth wireless - Store what you want and connect to what you want.
The New Palm Smartphones: Whether the Palm OS (Verizon Wireless 700p or Sprint 700p ) or the Windows Mobile (Verizon Wireless 700w) is your mobile cup of tea, Palm delivers the palm Treo 700. More memory, better camera and faster Internet speeds than what the fantastic Treo 650 (Unlocked,Cingular,Sprint) provides.
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