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HTC Takes a Pass On Palm, But Lenovo Still Looking

Apr 23, 2010, 7:35 AM by Eric M. Zeman

According to a report from Reuters, HTC has decided it won't make any bids to buy out ailing Palm. HTC examined Palm's numbers during due diligence and decided that, "There just weren't enough synergies to take the deal forward," according to someone familiar with the company's plans. With HTC now out of the picture, Lenovo has emerged as the leading candidate to buy Palm. Lenovo has $2.3 billion in cash on hand, and is looking to enter the smartphone space. It recently announced an Android phone. Buying Palm could give it the presence it needs it markets outside of China.

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Comments

This forum is closed.

This forum is closed.

Slammer

Apr 23, 2010, 1:43 PM

Oh Well...

If HTC would have bought Palm, I would not have needed my Wife anymore! 😁

Jayshmay

Ohhhhh, I can't believe you just said that!!! Shame on you!!! 😲

...

80dollarcarcharger

Apr 23, 2010, 8:22 AM

Good Move

By HTC

mkl4466

My dreams of a touchpro 2 running WebOS software are dashed. HTC's hardware coupled with Palm's software would be incredible...well, i guess that word is already taken.

justfinethanku

I don't know, I think they would have done a damn good job with Palm. Also, they have been rumored to have been wanting their own OS...

I was hoping they would buy Palm.

Oh well.

...

iDont Care

80dollarcarcharger said:
By HTC

Agreed. webOS is dead. It was a noble effort by Palm but it just never caught on. If only they had released the Pre before the G1. It's all about Android now and HTC knows that. Time ...
(continues)

...

flip mode

Apr 23, 2010, 2:14 PM

An IBM phone...interesting

SkyNet is becoming aware 😲

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