Palm's 10-K filing reveals smaller acquisitions, reads like a mystery novel

Darren Murph
D. Murph|07.28.08

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Palm's 10-K filing reveals smaller acquisitions, reads like a mystery novel
So Palm, what exactly have you been up to lately? Besides pumping out that tired, ho hum 800w, of course. The snoopers over at monoNews went and dug through your latest 10-K filing, and it seems as if that noteworthy Elevation Partners deal wasn't the only agreement you were wrapped up in during the past little while. As a matter of fact, we're seeing that during February of 2007, you "acquired the assets of two sole proprietorships [at a cost of $19.2 million] focused on mobile computing and media devices, one a developer of user interface environments and the other a developer of email software applications." Oh, and in October of last year, you "acquired substantially all of the assets [for $500,000] of a corporation focused on developing solutions to enhance the performance of web applications." Curiously, you nonchalantly failed to mention any names, but it's pretty clear that those new pick-ups weren't utilized in the last 16 months or so.

[Via mocoNews, image courtesy of DayLife]
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