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
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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
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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
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Spugger NiceGuy is generously inviting all Spuggers to join him in a casual setting to have their hands-on his Palm... ...