Finally, all the speculations about potential buyers for Palm Inc. have been laid to rest as HP has announced that they are purchasing the troubled mobile manufacturer for $1.2 billion.
It would have been a sad day to see Palm just die out and fizzle away. With HP’s acquisition, we are excited and hopeful that we will see a new crop of WebOS devices. HP has traditionally been a producer of monoblock QWERTY mobile smartphones – a form factor that Palm and WebOS are known for.
This acquisition looks like a marriage made in heaven. And hopefully, unlike Palm, HP will put more effort into getting its smartphones in the hands of enthusiasts around the world.
HP announces acquisition of Palm (source).