Latest in Acquisition

Image credit:

HTC decides against bidding for Palm, kills our buzz

Vlad Savov
04.23.10
Share
Tweet
Share
Save

Sponsored Links

Don't tell us we didn't try. In spite of all our pleading for HTC to acquire the troubled Palm, Inc. and produce a sparkling union of awesome, Reuters is this morning reporting that the Taiwanese hardware manufacturer has decided against the idea. According to an internal source, there "just weren't enough synergies to take the deal forward." Then again, this conclusion was reached after HTC reviewed Palm's numbers, so maybe that's just a nice way of saying that Palm's financials are worse than we might think. We're also told that now only Lenovo remains as a serious contender out of Asia, following the stalling of talks between Huawei and Rubinstein's crew. Such a deal would make plenty of sense given Lenovo's cash reserves and mobile aspirations, but it'd be nowhere near as exciting for our geeky imaginations.

[Thanks, ninellec]

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

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Ask Engadget: How can I improve my rural internet?

Ask Engadget: How can I improve my rural internet?

View
Amazon Prime perks now include mobile game add-ons

Amazon Prime perks now include mobile game add-ons

View
Yamaha updates its THR desktop guitar amps for the first time in years

Yamaha updates its THR desktop guitar amps for the first time in years

View
iFixit's iPhone 11 Pro Max teardown investigates charging rumors

iFixit's iPhone 11 Pro Max teardown investigates charging rumors

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr