Palm’s preliminary proxy statement to the SEC contained all sorts of juicy details about what happened before the HP + Palm deal was solidified. Today they have filed some other details that appear to be a Q&A meant for Palm’s own employees.
The questions are all of the sort you might expect employees of a company about to be purchased might ask. The good news is that the majority of the answers are some variation of "Business as usual." Hiring will continue, relationships with carriers and vendors is to remain unchanged, and they’re even continuing the summer internship program.
One interesting question was "Did Elevation force a sale?" The answer is a simple "Absolutely not" and a further answer says Palm’s big recent investor supported the sale. It’s also interesting that the document not only suggests that CEO Jon Rubinstein will stay on, but that he will "stay on to run the business after the transaction" (emphasis ours).
Unfortunately, we don’t have any more details on whether HP will keep the Palm brand (memo to HP: do).