HP Acquires Palm for $1.2 Billion
Hewlett-Packard has decided to buy out troubled handheld pioneer Palm.
For $1.2 billion, or $5.70 per share, Palm is changing hands to HP. The transaction should be completed by the end of July. HP says that it puts a lot of value on Palm's developed WebOS, a Linux for mobile devices, as "without equal." The operating system will afford HP competitive advantages in the fought over mobile market and promises "true multitasking" and "up-to-date information sharing across applications." Palm has two devices with WebOS on the market with its Pre and Pix smartphones. HP is represented by its iPAQ smartphones that are based on the Windows Mobile platform.
HP wants to use its size and financial clout to "participate more aggressively" in the smartphone market. Palm's CEO John Rubinstein should stay on at HP.
Palm Inc. out of Sunnyvale CA had undergone a series of quarterly upsets culminating in takeover rumors. In the last few months Palm has been showing activities in the community, products, and personnel changes related to WebOS.
Subscribe to our Linux Newsletters
Find Linux and Open Source Jobs
Subscribe to our ADMIN Newsletters
Support Our Work
Linux Magazine content is made possible with support from readers like you. Please consider contributing when you’ve found an article to be beneficial.

News
-
Plasma 6.3 Now Available
Plasma desktop v6.3 has a couple of pretty nifty tricks up its sleeve.
-
LibreOffice 25.2 Has Arrived
If you've been hoping for a release that offers more UI customizations, you're in for a treat.
-
TuxCare Has a Big AlmaLinux 9 Announcement in Store
TuxCare announced it has successfully completed a Security Technical Implementation Guide for AlmaLinux OS 9.
-
First Release Candidate for Linux Kernel 6.14 Now Available
Linus Torvalds has officially released the first release candidate for kernel 6.14 and it includes over 500,000 lines of modified code, making for a small release.
-
System76 Refreshes Meerkat Mini PC
If you're looking for a small form factor PC powered by Linux, System76 has exactly what you need in the Meerkat mini PC.
-
Gnome 48 Alpha Ready for Testing
The latest Gnome desktop alpha is now available with plenty of new features and improvements.
-
Wine 10 Includes Plenty to Excite Users
With its latest release, Wine has the usual crop of bug fixes and improvements, along with some exciting new features.
-
Linux Kernel 6.13 Offers Improvements for AMD/Apple Users
The latest Linux kernel is now available, and it includes plenty of improvements, especially for those who use AMD or Apple-based systems.
-
Gnome 48 Debuts New Audio Player
To date, the audio player found within the Gnome desktop has been meh at best, but with the upcoming release that all changes.
-
Plasma 6.3 Ready for Public Beta Testing
Plasma 6.3 will ship with KDE Gear 24.12.1 and KDE Frameworks 6.10, along with some new and exciting features.