Apple, RIM, Google All Bid On Palm
imamac writes "It seems HP was only one of many bidders for the struggling Palm. The others included Apple, RIM and even Google. You may now commence speculation on why the various companies wanted Palm."
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That Palms Patent portfolio would have been the target. Palm has been around for years, and they have a deep patent well to draw from.
Apple wanted Palm's handwriting recognition technology, so they could reintroduce the Newton.
"National Security is the chief cause of national insecurity." - Celine's First Law
They want their antenna design.
BeOS was sold when Palm spun off PalmSource, which is now owned by Access http://www.access-company.com/
I can see why those three would bid, but it's also clear why HP was willing to pay more - they gained something entirely new. So, they'll gain a real competitive edge from the buy, not just a fanciful IP one.
My God, it's Full of Source!
OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
HP paid $1.2 Billion. That's about $1 Billion more than it was really worth. I think Apple, RIM, and Google deliberately hobbled HP by bidding up the price but not high enough that HP would not still take that dinosaur into their house.
It would have been an epic irony if Apple had bought Palm and gotten the remnants of Be Inc with it. I love the tech industry! I made a graph over the turbulent history of Palm, sorting out the finer details in the timeline. For those of you that haven't payed attention the last 20 years. http://alltommac.se/files/2010/04/palm-history-graph.png
- Henrik
- when the Shadows descend -
To me, patent trolls are companies that people are companies that don't actually create any products themselves, but just hold patents and use them to extract money from companies that do create products. They are parasites.
Neither Apple nor Nokia are patent trolls.