{"id":525095,"date":"2010-04-12T13:00:00","date_gmt":"2010-04-12T17:00:00","guid":{"rendered":"tag:feeds.phonedog.com:\/\/b1ceefe738888a964cd3a67ddb9d4c3a"},"modified":"2010-04-12T13:00:00","modified_gmt":"2010-04-12T17:00:00","slug":"breaking-palm-officially-for-sale","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/525095","title":{"rendered":"Breaking: Palm officially for sale"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.phonedog.com\/r\/i\/temp\/610x.jpg\" alt=\"Palm HQ\" width=\"450\" height=\"282\" \/><\/p>\n<p>Days after CEO Jon Rubinstein vehemently defended the company&#8217;s stability, Palm has officially placed themselves on the market.&nbsp; According to <em>Bloomberg<\/em>, Palm has hired Goldman Sachs and Qatalyst Partners to find prospective buyers.&nbsp; As it stands, HTC, Lenovo, and Dell have expressed interest in the company, though Dell decided not to make an offer.&nbsp; Rumors circulate around potential offers from Huawei Technologies and ZTE as well, though both declined comment on the matter. Compared to a 60 percent slide since the beginning of the year, Palm shares rose 71 cents, or 14 percent, to $5.87 in trading this morning.&nbsp; The surge follows a 32 percent rise last week based on speculation of a buyout.<\/p>\n<p>With 11 straight quarterly losses under their belt, it&#8217;s understandable that Palm needs to find a buyer as quickly as possible.&nbsp; Founded in 1992, the company has an incredible history and a strong brand that should be appealing to any potential buyer.&nbsp; Not only were they a &#8220;founding father&#8221; in the PDA market, but they offer a well-received operating system (webOS) as well.&nbsp; Combine Palm with a company that makes fantastic hardware but seeks an edge in the software side (like everyone else, HTC immediately comes to mind), and you have a well-rounded organization.<\/p>\n<p>Time will tell, but I&#8217;m sure we&#8217;ll hear more as the week goes on.&nbsp; Who would you like to see purchase the Sunnyvale-based company?&nbsp; Shout out in the comments section!<\/p>\n<p>Via <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=arvXvuu.DqW4\" >Bloomberg<\/a>, <a href=\"http:\/\/www.engadget.com\/2010\/04\/11\/bloomberg-palm-is-up-for-sale\/\" >Engadget<\/a><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/_WtImYhU05qf-fK-mebdhUhPl1k\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/_WtImYhU05qf-fK-mebdhUhPl1k\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/_WtImYhU05qf-fK-mebdhUhPl1k\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/_WtImYhU05qf-fK-mebdhUhPl1k\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/phonedog_cellphoneblog\/~4\/lIQtAvvvYVA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Days after CEO Jon Rubinstein vehemently defended the company&#8217;s stability, Palm has officially placed themselves on the market.&nbsp; According to Bloomberg, Palm has hired Goldman Sachs and Qatalyst Partners to find prospective buyers.&nbsp; As it stands, HTC, Lenovo, and Dell have expressed interest in the company, though Dell decided not to make an offer.&nbsp; Rumors [&hellip;]<\/p>\n","protected":false},"author":671,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-525095","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/525095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/671"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=525095"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/525095\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=525095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=525095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=525095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}