SPUG - News

HP Completes Palm Acquisition

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Published on 1st July 2010

PALO ALTO, Calif., -- HP today announced it has completed its acquisition of Palm Inc. at a price of $5.70 per share of Palm common stock in cash.

HP today announced it has completed its acquisition of Palm Inc. at a price of $5.70 per share of Palm common stock in cash.

The combination gives HP significant headway into one of technology’s fastest-growth segments with Palm’s innovative webOS pla ...

HP CEO remarks on Palm acquisition: "We bought it for the IP"

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roychang

Published on 3rd June 2010

HP has grand plans for webOS instead of just being on smartphones.

The Palm acquisition had nothing to do with being in the smartphone business. Hurd said that the company isn’t going to “spend billions of dollars trying to go into the smartphone business; that doesn’t in any way make any sense.” Hurd added:

We didn’t buy Palm to be in the smartphone business. And I tell people that, but it ...

webOS coming to slates and web-connected printers

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roychang

Published on 19th May 2010

HP's Todd Bradley confirmed to analysts that HP would "invest heavily" in WebOS, and use it on slate PCs, Netbooks, and... ...

HP to Acquire Palm for US$1.2 Billion

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roychang

Published on 1st May 2010

Categories:

Mobile

HP to Acquire Palm for $1.2 Billion

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 ...