HP and Palm: what happens next

HP announcing that it’s going to buy Palm in a $1.2b all-cash transaction certainly took everyone by surprise, but in many ways the deal makes perfect sense. HP is a gigantic player in the tech industry but has no appreciable presence in rapidly-growing mobile space, and Palm — well, you should know how we feel about Palm by now. Even still, we can’t say we were expecting this one, and it looks like most of you weren’t either — HP only got two percent of the vote in our “who should buy Palm” poll, while Engadget (that’s us!) got… fourteen percent. Oops.

But now that we’ve had a day to wrap our heads around the news and think about what Palm and HP said to us last night and to analysts on the conference call announcing the deal, we think we’ve got a pretty good set of educated guesses on how things might shake out over the next few months. Read on!

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HP and Palm: what happens next originally appeared on Engadget on Thu, 29 Apr 2010 14:05:00 EST. Please see our terms for use of feeds.

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