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The Bloomberg announced the news a few days: Palm, whose finances have been affected by the economic crisis, knocking shares of the holding below 40% in the first quarter of 2010, seeks a buyer.
The Goldman Sachs Group Inc. company and Frank Quattrone of Qatalyst Partners were called from Palm to find a buyer for the American producer. If this information should be confirmed, despite the absence of an official statement from Palm, the indiscretion and the first signs were already evident from last week when the rumors after the stock market had risen suddenly in Palm of 32 %.
Although Lenovo seemed favored starting from the initial analysis it appears that the names are available for a possible acquisition of these and many more recognize RIM (Blackberry) and HTC. Founded in 1992, Palm was one of the first companies to bet on the PDA market with the launch of the PalmPilot, but over the years with increasing competition, American society has failed to adapt to market dynamics, losing its location after the arrival of the first smartphones.
His last two products, Palm Pre and Pixi, they have been hoping that success in the U.S., where the market share of Palm has recently gone from 8.3% to 6.1%. The recent agreements with Apple and its iTunes brought a breath of fresh air, but they certainly offered economic and financial results to the American producer. The launch of Palm Pre and Pixi is expected in Italy by the end of April, although the company’s future remains very uncertain at the time.
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