Friday, July 16, 2010

Apple Tried To Buy Palm Before HP Won The Bidding War -- And RIM Completely Blew The Deal [Business Insider]

An interesting summary of the final days of Palm, and what various suitors were after; check the link below for more details

The race to buy Palm earlier this year was fast and hot, with the company's bankers contacting 16 companies about the deal, including five serious potential suitors.

HP won the bake-off, acquiring Palm for $1.2 billion in late April.

But other companies involved in the talks included Silicon Valley's increasingly competitive rivals, Apple and Google, as well as BlackBerry maker Research In Motion, we have learned from a source familiar with the negotiations.

Apple Tried To Buy Palm Before HP Won The Bidding War -- And RIM Completely Blew The Deal

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