Deal Chatter Engulfs Palm, But Price Is High

NEW YORK (Reuters) - Ever since it launched the Pre, smartphone maker Palm Inc (PALM.O) has been quite the belle of the ball, if deal chatter is any indication. Technology companies Dell Inc (DELL.O) and Microsoft Corp (MSFT.O) and handset manufactures Nokia (NOK1V.HE) and Motorola (MOT.N) have all been named as potential suitors. Driving the deal speculation is the promise of Palm's new Pre phone and tricked-out software, which impressed industry analysts when it launched in January. Bankers and analysts say Palm could catch the fancy of any company that wants to bolster its mobile presence and provide a challenge

23 September 2009•3 mins read
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