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Palm Buyout

Who Will Buy Palm? The Fire Sale Is On

April 12, 2010 by Robb Dunewood 4 Comments

This probably doesn’t come as much of a surprise to anyone but, maybe, CEO Jon Rubinstein, however, the inevitable Palm buyout is imminent.  According to Bloomberg, Palm is working with Goldman Sachs Group Inc. and Qatalyst Partners to find a buyer, although the company has not officially said that they are doing so as of yet.

The big question for everyone is who will the buyer be? Both HTC and Lenovo have expressed interest.  I’ve been saying for years that RIM should have picked the company up if for nothing more than the intellectual property.  My guess is that there are a few big companies that might be interested.

Who do you think will buy Palm?  Whomever it is will get on heck of a consumer oriented mobile operating system in webOS.

Filed Under: Rumor Mill Tagged With: Jon Rubinstein, Palm, Palm Buyout, webOS

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