Yes, you read it right. The word on the street is that Palm are looking for buyers. Palm is said to be working with Goldman Sachs and Qatalyst Partners to pick a suitor, with HTC and Lenovo both named as potential offer-makers. Many people have said this is what is needed from Palm as last year when they launched their new operating system, WEB OS, although the OS itself was fantastic the hardware Palm produced was well under par. The Palm Pre was meant to be their turning point but worldwide sales have been a lot lest than they anticipated.
Could this be the end of what was once a pioneering company within the Smartphone market? Only time will tell.
Posted by: James
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