Palm shopping itself

Palm PrePDA pioneer Palm, creator of the Pre smartphone, reportedly is shopping itself and has hired Goldman Sachs to help find a buyer.  School of Management Professor N. Venkat Venkatraman, head of the Information Systems Department, says a sale was inevitable as Palm has not been able to gain much traction with it’s Pre beyond a small group of core followers.

“It may well be that Palm does not get a premium and that an acquisition may be attractive for the talent but not for hardware or software.”

Contact N. Venkat Venkatraman, 617-353-7117, venkat@bu.edu

6 Comments

Mladen Grujic posted on May 21, 2011 at 10:22 am

Honestly, with current range of smart phones, such as iPhone, HTC, Android, Blackberry and what not, I don’t really see the point of owning any palm device. I mean, yeah, there are some Palm only software, but in general, who would need them 😉

Best Netbook posted on May 26, 2011 at 8:07 am

There are too many competitors out there now for Palm to compete, they will never get the upper hand over the like of Apple, blackberry and even many other smartphones.

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