November 23, 2024

Palm Has Put Itself Up For Sale

Posted April 12, 2010 at 2:14am by iClarified · 9037 views
Palm has put itself up for sale and is seeking bids for the company as early as this week, according to a Bloomberg report.

The company is working with Goldman Sachs Group Inc. and Frank Quattrone’s Qatalyst Partners to find a buyer, said the people, who declined to be identified because the sale isn’t public. Taiwan’s HTC Corp. and China’s Lenovo Group Ltd. have looked at the company and may make offers, said the people.

Dell also reportedly looked at the company but decided against an offer.

Read More [via Engadget]