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

Darren Murph
07.28.08
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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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