Breaking News: CFOs increasingly involved in IT investment decisions

ZDNet / News / Business

HP won Palm in six-company bidding war

By Larry Dignan , ZDNet on May 17, 2010 

 

Summary

Palm reveals that Hewlett-Packard was just one company that hoped to acquire Palm for its intellectual property and the WebOS--and that it almost lost out to another company.

Topics

technology sector, manufacturing sector, computer and peripheral equipment man, information technology sector, hewlett-packard company, law, intellectual property, crime and law, corporate accounting, business

Events

Echelon 2012
June 11 and 12, 2012

University Cultural Centre, National University of Singapore

Startup Asia Jakarta 2012
June 7 and 8, 2012

12th Floor, Annex Building, Wisma Nusantara Complex, Jl. M.H. Thamrin No. 59 Jakarta 10350, Indonesia

MMA Forum Singapore
April 23-25, 2012

Grand Hyatt Singapore

Submit

Hewlett-Packard landed Palm by raising its bid following interest from other suitors after intellectual property and a potential licensing arrangement for the WebOS.

The proxy statement, which sparked a good bit of discussion, provides an interesting read on how HP landed Palm. Simply put, HP almost fell short of acquiring Palm. Palm outlines the process to sell itself and the role of "Company C", an unnamed outfit that was in the running until the HP deal was actually announced.

Palm covers a lot of known ground such as:

  • The company was in a tailspin after a Verizon Wireless partnership failed to deliver sales;
  • Liquidity was about to become an issue; and
  • Palm didn't have the scale of rivals to really compete.

Read more of "Palm's WebOS, intellectual property touched off bidding war" at ZDNet.com.

Talkback

Add your opinion

In order to post a comment, you need to be registered. (Sign In or register below)

Post your comment

Resource Centre Useful content from our premier sponsors

Latest Stories

Configuring Server Manager for multiple connections with Windows Server 8

Putting passwords out: Identity behaviour and identity authentication

Kodak loses patent ruling against Apple, RIM

Rise in Chinese-funded acquisitions could trigger more hurdles

Alibaba seeks $2.3B from shareholders for Yahoo deal

ZDNet Asia Live

Alibaba seeks $2.3B from shareholders for Yahoo deal http://t.co/ySyCwLvJ via @zdnetasia

Rise in Chinese-funded acquisitions could trigger more hurdles: By Ellyne Phneah , ZDNet Asia on May 22, 2012 (6... http://t.co/L4QzDq3H

Kodak loses patent ruling against Apple, RIM - ZDNet Asia http://t.co/O7P8U2Ya

Rise in Chinese-funded acquisitions could trigger more hurdles - ZDNet Asia http://t.co/WJCfhWLs

Kodak loses patent ruling against Apple, RIM. http://t.co/N1j7aZ6o

#radio Radio Serbia by EnjoyIT 1.0 http://t.co/nGQFvX2E

Rise in <b>Chinese</b>-funded acquisitions could trigger more hurdles http://t.co/0pXBS1HR

Rise in Chinese-funded acquisitions could trigger more hurdles: By Ellyne Phneah , ZDNet Asia on May 22, 2012 (6... http://t.co/W3SOdw2c

RT @zdnetasia: CFOs increasingly involved in IT investment decisions. http://t.co/8QrfwOSb

CFOs increasingly involved in IT investment decisions http://t.co/XD1LerFq via @zdnetasia #PrivateCloud #SC2012 #CAPEX

Rise in Chinese-funded acquisitions could trigger more hurdles. http://t.co/VC3G3m3o

RT @zdnetasia: Rise in Chinese-funded acquisitions could trigger more hurdles. http://t.co/VC3G3m3o

So much as we know , MTK6575 extremely integrated frequency1GHz ARM Cortex-A9 processor, the superiority of 3G / HSPA Modem, and help the...

2 hours ago by y15822137359 on 5 SaaS adoption speed bumps to avoid

Rise in Chinese-funded acquisitions could trigger more hurdles - ZDNet Asia: Rise in Chinese-funded acquisitions... http://t.co/bZaAQnRL

Rise in Chinese-funded acquisitions could trigger more hurdles http://t.co/mIsuZjnU http://t.co/erFX4aVv #arcavir

http://t.co/VNaZtseV Rise in Chinese-funded acquisitions could trigger more hurdles: "Cash r... http://t.co/N0gZZEdR http://t.co/wiqY9ktt

I reckon your view: "CRM is strategy, not software", if a company replicating the approach uses in ERP implementation into CRM, what they...

1 day ago by wykoong on Gartner: Mobile CRM gives better ROI than social

This video will teach you about the Excel fill handle but also provide you with a workook to download... http://www.youtube.com/watch?v=...

1 day ago by TradeBrother on A quick fill handle trick for Microsoft Excel

waiting...

3 days ago by eapete on What should count in a company's market value?

Boy, you've opened a can of worms now.

Wait for the rants & raves.

3 days ago by eapete on What should count in a company's market value?

I was puzzling before this whether to replicate the success formula we executed for a financial institute, and come out with a standard s...

4 days ago by wykoong on Drop the egos, copy ideas, then innovate

Keep up with ZDNet Asia

Facebook Join our fan page

RSS Feeds Subscribe now

NewslettersNewsletters Subscribe today

Twitter Follow us