Nokia contemplating acquiring Palm

Nokia contemplating acquiring Palm
The stock price of smartphone maker Palm jumped higher on Friday on the rumor that Nokia is looking to acquire the company.

The rumor resurfaced for the first time since early September, and Palm has been the talk of acquisition,on-and-off for most of the year.



Besides Nokia, Dell and Microsoft have also been cited as potential suitors for Palm, which would help both companies get a foot in the fast growing smartphone market.

Analysts have valued any deal for the smartphone maker at over $2 billion USD.

Written by: Andre Yoskowitz @ 15 Nov 2009 20:47
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  • 3 comments
  • Morreale

    I hope Nokia acquires them if anyone... The other two companies will probably ruin them with their own garbage...

    15.11.2009 23:09 #1

  • NHS2008

    Go Nokia go! so I wont have to run a Palm emulator on my phone anymore!

    16.11.2009 04:10 #2

  • shaffaaf

    as long as they dont kill off webos

    16.11.2009 17:13 #3

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