Hewlett-Packard landed Palm by raising its bid following interest from other suitors after intellectual property and a potential licensing arrangement for the WebOS.More info at CNET.
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.
Sixteen firms were interested in acquiring Palm
Posted on Monday, May 17 2010 @ 19:54 CEST by Thomas De Maesschalck