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Submission + - HP to Acquire Palm for $1.2 billion USD (hp.com)

DalDei writes: It looks like HP is buying PALM. Officially announced on the HP website (http://www.hp.com/hpinfo/newsroom/press/2010/100428xa.html) and on palms blog (http://blog.palm.com/palm/2010/04/palm-and-hp.html)

What does this mean for Palm Web/OS ? Will HP embrace it or kill it ?
Is HP going to drop Windows Mobile in exchange for Palm's Web/OS ?

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HP to Acquire Palm for $1.2 billion USD

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You know you've landed gear-up when it takes full power to taxi.