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Bloomberg Reports That Palm Is Up For Sale

Posted by timothy on from the handwriting-on-the-wall-is-graffiti dept.

leetrout writes with this excerpt from a story at Bloomberg News "Palm Inc., creator of the Pre smartphone, put itself up for sale and is seeking bids for the company as early as this week, according to three people familiar with the situation."

3 of 240 comments (clear)

  1. Re:I thought U2 had a stake by santax · · Score: 4, Informative

    Don't know why you are being mod funny. The investment firm of Bono (elevation -something) actually has put a lot of money in Palm. http://www.benzinga.com/general/193399/bono-named-worst-investor-palm. Seems that elevation is quite relative!

  2. Palm doesn't own it anymore. by bornagainpenguin · · Score: 3, Informative

    AFAIK, Palm still owns BeOS.

    No, that would be ACCESS who own the BeOS code base and who have already blessed the Haiku developers with permission to distribute the BeBook and other assorted documentation. The BeOS code is safe. The Haiku clean room implementation will make it easier to modernize the base for R2 once full BeOS compatibility is reached.

    --bornagainpenguin

    --
    Have a Virgin Mobile USA smartphone? Give VMRoms.com a try!
  3. Re:WebOS actually looks great by ProppaT · · Score: 4, Informative

    WebOS is by far the best mobile OS on the market. It's still young and still has its problems, but the GUI is as beautiful as it is useful. The "type anything anywhere" concept is beautiful. You want to set an alarm and can't remember that you do that in the clock ap and you don't remember where it is? That's fine...type in alarm from anywhere in the UI and it'll show you the clock icon. It handles multitasking well, looks miles better than anything else on the market, and the best part....there's a backdoor purposely left in for us nerd types to install unapproved apps, overclock the processor, etc. Palm did everything right with WebOS except the marketing.

    My first choice for a purchaser would be HTC. They could take their form factors they were designing for Windows Mobile phones, dump WebOS on it, and have market penetration nearly over night. They're going to have to have new designs/concepts for WM7 soon anyway. Either way, there's going to be a bidding war for Palm because of all the patents they hold. The WORST possible thing that could happen would be Apple buying them for the patents and dissolving the software.

    --
    Wise men say, "Forgiveness is divine, but never pay full price for late pizza."