HP Acquires Palm for $1,000,000,000

  • Feed Type
  • Date
    4/29/2010
  • Company Name
    Palm
  • Mailing Address
    950 W. Maude Ave Sunnyvale, CA 94085
  • Company Description
    At Palm, we’re focused on creating instinctive yet powerful mobile products that enable people to better manage extraordinary lives on the go. Our goal is to deliver products that implement technology in a truly useful way. We innovate. We create and define categories. Expect not just more, but better. Not just faster, but more useful.
  • Website
    http://www.palm.com
  • Transaction Type
    M&A
  • Transaction Amount
    $1,000,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Hewlett-Packard Co. scooped up Palm Inc. for about $1 billion in cash.

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