Whole Network Most Recent TOP10 Ultrawideband Wi-Fi WiMax/WiBro

 

Bye Bye Palm?

Filed in archive Mobile by jeff goldman on March 20, 2007

Bye Bye Palm?

Unstrung's Dan Jones reports that Palm, Inc. will likely be sold by the end of the week.

"Nokia Corp. is seen as the leading vendor bidder, while Palm's management is said to prefer a private equitylinks buyer," Jones writes. "Morgan Stanley -- the banker that the PDA pioneer has been working with to explore its options -- wants to wrap a deal by the 22nd, the day that Palm is due to report its third quarter results."

Other potential buyers include rival handset maker Motorola and private equity firms Texas Pacific Group and Silver Lake Partners.

According to Computerworld's Matt Hamblen, Farpoint Group analyst Craig Mathias thinks the private equity firms make the most sense -- while Motorola, which largely uses Windows Mobile, and Nokia, which largely uses Symbian, don't have much use for the Palm operating system. "Maybe one would buy Palm and shut it down ... to keep intellectual property out of the hands of competitors," Mathias says.

More here from the AP ... and more here from Reuters.



Advertisement


Permalink: Bye Bye Palm?
Tags: palm  treo  sold  sale  buyout  investors  stock  purchase  motorola  nokia  silver  lake  partners  texas  pacifi 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/58986



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use our search feature to look for other interesting posts

Just this blog Whole network
Advertisement -
Book yours here..


 
Advertisement
Book yours here.



  • Testimonials

  • 'I would highly recommend you to this well written and informative site.'
Subscribe to this blog on your phone


  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: 4G 700 MHz Bluetooth Emerging Tech Fixed-Mobile Convergence Mobile RFID Sponsored Posts Ultrawideband Wi-Fi WiMax/WiBro WirelessHD