Palm Acquired By Hewlett Packard For $1.2 Billion USD

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Found under: Palm, HP, Hewlett Packard, WebOS, Acquired, Jon Rubinstein,

And the big news is in Hewlett Packard announced earlier today that Palm will be acquired by them the acquired price is 1.2 billion USD. so far the acquisition has been approved by the boards of both HP and Palm though nothing can happen until everything has been approved by regulators.It doesnt appear this acquisition will cause any job loss or any major shake up at Palm CEO Jon Rubinstein will continue to on at the company working on WebOS and whatever else. Hewlett Packard is on

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