Palm Is Apparently Up For Sale

on 04/12/2010, filed in Home > CellPhones

It doesn’t take a genius to guess that Palm is going through some rather troubled times at the moment, and the recent rumors of possible acquisitions by Lenovo and HTC certainly haven’t helped. Now Bloomberg is reporting that Palm has put itself up for sale, and offers should be coming in sometime this week. The news did do Palm’s stock a little bit of good, as the stock price did go up amidst all the speculation. Apparently Dell had also taken a peek at the troubled company, but decided to give it a miss. Do you think that an acquisition would be enough to help Palm ride out the storm?

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HTC: High Tech Computer Corporation (HTC) is a Taiwanese manufacturer of smartphones and tablets. The company started as an ODM (Original Design Manufacturer) that was building devices for others, but went on making HTC-branded smartphones based mostly on Microsoft's Windows operating system (OS) for mobile. In 2009, it began to shift its core focus away from Windows mobile devices to Android-based ones. In 2010 the company went back to the Windows Phone eco-system.

Lenovo: Lenovo Group Limited, commonly known as Lenovo, is a Chinese consumer electronics company that is based in Morrisville, North Carolina. The company was founded in 1984 in Beijing, China by Chinese businessman Liu Chuanzhi, and was eventually incorporated in Hong Kong in 1988 under its former name, Legend. Lenovo became a publicly traded company after listing in Hong Kong in 1994. The name Lenovo, which is a shortened portmanteau of the words Legend and the Latin word "novo" (meaning: new) was officially used in 2003 when the company announced its plans to develop outside China. Lenovo's products include personal computers, notebooks, tablets, AIOs, mobile phones, servers, storage devices, workstations, and more. Lenovo is one of the world's largest PC vendors.

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