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HP completes acquisition of Palm, confirms WebOS tablet

Written by Andre Yoskowitz (Google+) @ 02 Jul 2010 10:58 User comments (3)

HP completes acquisition of Palm, confirms WebOS tablet In late April, HP announced it was purchasing the struggling smartphone maker Palm for $1.2 billion, after at least four other companies gave serious bids.
Palm had put itself up for sale in March after it became clear that the company's phones were not selling and it only had enough cash to last the next 12 months.

Today, HP has completed that acquisition, while at the same time confirming WebOS-based tablets, smartphones and netbooks coming in the future.

"Palm will be responsible for WebOS software development and WebOS-based hardware products, from a robust smartphone roadmap to future slate PCs and netbooks,"
says the company.

In June, Palm shareholders settled, after starting a class action suit arguing they had not received the best price when the smartphone maker accepted HP's bid.

With the acquisition completed, HP now has full control of all of Palm's licenses and patents.

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3 user comments

12.7.2010 21:10

I guess I won't be buying the HP tablet...but I already kinda figured that from the months of this crap that have been going on already.

I wonder how long it will be before we get some kind of "JailBreak" allowing us to install a real OS, or at least Android...maybe by then I can get one cheap on eBay.

24.7.2010 8:21

Originally posted by KillerBug:
I guess I won't be buying the HP tablet...but I already kinda figured that from the months of this crap that have been going on already.

I wonder how long it will be before we get some kind of "JailBreak" allowing us to install a real OS, or at least Android...maybe by then I can get one cheap on eBay.
I'd rather a real windows 7 touch tablet and a spare battery than a useless Android/PalmOS/Ubuntu/other dummed down OS

34.7.2010 13:10

killerbug, you realise webos doesnt need a jailbreak? you just put it into dev mode and go. but itd be nice to have webos/android/win7 triple boot.

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