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You are here: Home / Mobile Phones / Palm on sale says Bloomberg

Palm on sale says Bloomberg

April 12, 2010 By Kunal Gangar 2 Comments

Palm logo

 

Bloomberg is citing “three people familiar with the situation” that claims Palm has put itself on sale. Palm is working with Goldman Sachs Group Inc. and Qatalyst Partners who’re trying to find a buyer and will seek bids starting this week.

Dell is claimed to take a look but decided to drop out from the offer whereas Taiwan’s HTC and China’s Lenovo are highly interested.

Palm’s desperate attempts to resurrect themselves have failed miserably. Palm unveiled Pre last year at CES and despite showing some potential in the hardware as well as webOS, the phone failed to capture the desired market share. The phone’s launched after Pre shared the same fate.

  • Reuters: HTC won’t buy Palm
  • Nine WP7 Phones will make up the launch portfolio
  • Six phones added to Verizon’s Inventory Database, including two Palm devices
  • HTC India announces One mini, goes for Rs. 36,790

Filed Under: Mobile Phones

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