Become a fan of Slashdot on Facebook

 



Forgot your password?
typodupeerror
DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. Check out the new SourceForge HTML5 internet speed test! ×

Submission + - HP Buys Palm for $1.2bn (moconews.net)

hazmat2k writes: After all the speculation, HP has agreed to buy Palm (NSDQ: PALM) for $1.2 billion, or roughly $5.70 a share.

Palm, which was running short of cash and struggling to compete against the Apple’s and Google’s of the world, will now have HP’s deep pockets and worldwide scope. While HP is no stranger to the mobile phone world—with its line of iPAQ phones—it has a lot of catching up to do and could benefit from branching out to phones and tablets from its a laptop and PC driven line-up.

This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

HP Buys Palm for $1.2bn

Comments Filter:

A list is only as strong as its weakest link. -- Don Knuth

Working...