Palm Gets Into Bed With HP
Palm, the once dominant player in the mobile gadgets market, has been left in the tracks by iPhone and Android smartphones in recent years. Without any meaningful market share, it is no surprise that Palm’s next option is to tie up with an industry giant.
Palm’s survival prospects in smart phones may be dimming but HP still sees some value in the ailing company. In the acquisition move that is worth around USD 1.2 billion, HP revealed their decision was based on Palm’s powerful webOS mobile operating system.
“Palm’s innovative operating system provides an ideal platform to expand HP’s mobility strategy and create a unique HP experience spanning multiple mobile connected devices. The smartphone market is large, profitable and rapidly growing, and companies that can provide an integrated device and experience command a higher share… HP intends to be a leader in this market.” - Todd Bradley, executive vice president, Personal Systems Group, HP.
Now that Palm and its mobile operating system have received a new lifeline, it is interesting to see how the competition will heat up. Maybe we will see a HP Slate with webOS soon?
Paul is a geek who shares his thoughts on technology, gadgets, social networks and football in this blog. Stay in touch with his updates by subscribing to the RSS feeds or Email. Thanks for visiting Seventoten and leaving a comment. To change this standard text, you have to enter some information about your self in the Dashboard -> Users -> Your Profile box.