Uh, whoa. Bloomberg just reported that Palm is putting itself up for sale and that offers will potentially come in this week. That's pretty wild news, considering CEO Jon Rubinstein was adamant just a few days ago that Palm had a plan to get profitable -- even while his company's stock price went on a buyout-rumor fueled rollercoaster. Bloomberg says that Palm's already retained Goldman Sachs and Qatalyst Partners to find a buyer, with HTC (yes!) and Lenovo both expressing interest -- and Dell's apparently already taken a pass. Naturally none of these parties are saying anything on the record -- we just pinged Palm and they declined comment -- but if this is true, things are about to get wild, and fast. We'll keep you updated, stay tuned.
[Thanks, Sean]
Bloomberg: Palm is up for sale
N. Patel|04.11.10
Sponsored Links
April 11, 2010 11:38 PM
In this article: breaking news, BreakingNews, dell, goldman sachs, GoldmanSachs, htc, lenovo, palm, qatalyst, QatalystPartners

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. All prices are correct at the time of publishing.



