Forgot your password?
typodupeerror
HP

+ - HP wanted $1.2B for webOS and Palm->

Submitted by PolygamousRanchKid
PolygamousRanchKid (1290638) writes "As baffling as it may seem, HP was trying to rid itself of Palm without taking a loss on its purchase, a source with knowledge of the negotiations told us. The company seemingly ignored that Palm’s value had fallen significantly since HP purchased the smartphone pioneer in April 2010, thanks to the spectacular failure of the HP Touchpad tablet. And the fact that HP didn’t make any progress with its new webOS phones, the Pre 3 and Veer, didn’t help either.

The $1.2 billion asking price shines some light on a story we heard from another source: At one point, HP’s team tried to pitch the sale to Facebook but was practically laughed out of the room. And yes, Facebook CEO Mark Zuckerberg was present at the meeting, although he apparently didn’t say much (I’m sure whatever he was thinking at the time would have been gold)."

Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

HP wanted $1.2B for webOS and Palm

Comments Filter:

Save a little money each month and at the end of the year you'll be surprised at how little you have. -- Ernest Haskins

Working...