A View from Erica Naone

HP to Acquire Palm for $1.2 Billion

Palm’s innovative cellphone operating system is a key attraction, HP says.

  • April 28, 2010

HP has just announced that it will acquire smart phone maker Palm for $1.2 billion. Palm has been troubled for some time–while the Palm Pre was an interesting smart phone with innovative software, sales remained disappointing.

HP named the Palm Pre’s webOS software as a major part of its motivation for the acquisition. It’s good to see webOS get a second chance. Aside from enabling HP to enter the smart phone market, it’ll be interesting to see if HP finds ways to incorporate the operating system into other devices. HP has been exploring directions such as Web-connected printers, which seem like natural beneficiaries of Palm’s intellectual property.

Uh oh–you've read all five of your free articles for this month.

Insider Premium

$179.95/yr US PRICE

More from undefined

Want more award-winning journalism? Subscribe to Insider Plus.

  • Insider Plus {! insider.prices.plus !}*

    {! insider.display.menuOptionsLabel !}

    Everything included in Insider Basic, plus ad-free web experience, select discounts to partner offerings and MIT Technology Review events

    See details+

    What's Included

    Bimonthly home delivery and unlimited 24/7 access to MIT Technology Review’s website.

    The Download. Our daily newsletter of what's important in technology and innovation.

    Access to the Magazine archive. Over 24,000 articles going back to 1899 at your fingertips.

    Special Discounts to select partner offerings

    Discount to MIT Technology Review events

    Ad-free web experience

You've read of free articles this month.