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Lenovo New Frontrunner As HTC Dismisses Palm Deal

Gordon Kelly


Lenovo New Frontrunner As HTC Dismisses Palm Deal

Despite protestations from everyone at Palm from its CEO to its budgerigar it is commonly known the company is 'open to approaches'. Sadly the company(ies) we'd like to see buy Palm are disappearing fast.

Following the news we-can't-build-an-OS-to-save-our-lives Samsung isn't interested because it prefers to concentrate on bada, the latest (and our favourite) company to pull out of the race is handset master HTC. "There just weren't enough synergies to take the deal forward," claims a Reuter's source, who declined to be identified because the talks were private.

Of course this may be shorthand for 'the debts are worse than we'd imagined', but HTC has publicly admitted it is interested in making its own operating system and to start from scratch would be hard. I'd urge it to reconsider.

Interestingly, the new front runner (previously linked Huawei - the world's second largest telecoms equipment maker - is also out the picture) is Lenovo. The company has been churning out impressive financial results recently, admits to over $2.4bn in net cash reserves alone and is looking to make a big splash in the handset market after buying back its mobile phone business late last year.

In an ideal world Palm would stay afloat and recover sufficiently to invest the time and money into webOS that it deserves. Unfortunately, much as we love Palm, that doesn't look set to happen so to whoever does eventually take the plunge: please treat it kindly.


Via Reuters


April 23, 2010, 6:19 pm

I'd be very surprised if anyone buys them - the unfortunate truth is the rest of the manufacturers have products and relationships that a purchase of Palm would affect / compete with.

The unfortunate truth is Palm is about to get consigned to the dustbin of history - it's sad but true. I've carefully wrapped my palmpilot up to keep the old fella safe .. who knows it might be worth something again in 50 years :)


April 23, 2010, 9:30 pm

I'm surprised either HTC or Lenovo were considered at all. Both are not only content to supply hardware for other OS's to run on but are doing very well out of it too. Huawei similary do well in providing the backend hardware. Nokia and Samsung have invested too heavily in their own OS's to buy the company for it's OS.

All in all it's a terrible shame as both the handset and the OS are two truly beautiful creations let down by some of the most shockingly awful marketing decisions in recent memory.


April 23, 2010, 11:11 pm

Maybe HTC etc. are just playing a waiting game to see if the carcass can be cherry picked....


April 28, 2010, 2:41 pm

The only thing wrong with the palm pre is the keyboard. They should have gone directly at apple using touchscreen only.

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