Hewlett-Packard (HP) eventually won the bidding on the Palm worth USD 1.2 billion. Earlier, HTC and Lenovo becomes the company reported that it would buy the company’s smartphone.In fact, apart from that there is also Apple, Google and BlackBerry, Research In Motion (RIM) is interested in acquiring Palm.
Apple and Google look at Palm as a repository of intellectual property and patents of potential growth for their companies. Apple could offer Palm’s patent portfolio. Although for that, Apple should support two different platforms of competing applications. But then, Apple’s offering is not accepted by Palm. Google had intended to acquire Palm, but then canceled the offering.
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