Latest in Acquisition

Image credit:

Nokia rumored to be eyeing Palm buy yet again

Chris Ziegler
11.13.09
Share
Tweet
Share
Save

Sponsored Links

We've been around this rumor pretty much since Palm started looking competitive again, so take it for what you will -- but a bunch of fat cats down on Wall Street have been going ape today over renewed "chatter" that Nokia might be taking an interest in acquiring Palm. Palm's share prices are up well over 5 percent on the day, though we wouldn't be the least bit surprised if there was some behind-the-scenes manipulation going on here -- an acquisition would make less sense now than ever with suitors on the hook for $2 billion or more, a hefty sum even for a giant like Nokia, never mind the fact that they've still got two smartphone platforms of their own in the mix. Licensing webOS is being floated as a possible alternative to an outright Palm purchase -- but we're having such an exceedingly difficult time picturing a 5800 running webOS that we'll put this one on ice until we get the joint press release.

Source: Yahoo
In this article: acquisition, merger, nokia, palm, rumor
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

The 2019 Engadget Holiday Gift Guide

The 2019 Engadget Holiday Gift Guide

View
Mach-E leak reveals a lot about Ford's electric Mustang SUV

Mach-E leak reveals a lot about Ford's electric Mustang SUV

View
Amazon is challenging Microsoft's $10 billion JEDI contract victory

Amazon is challenging Microsoft's $10 billion JEDI contract victory

View
Microsoft is adding 10 'Final Fantasy' games to Xbox Game Pass

Microsoft is adding 10 'Final Fantasy' games to Xbox Game Pass

View
'West of Dead' is a fast-paced shooter starring Ron Perlman

'West of Dead' is a fast-paced shooter starring Ron Perlman

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr