HP buys Palm, acquires key smartphone technology
HP has announced that it will purchase Palm for about $1.2B in cash, which is about a 30% premium on the company’s market value when it was announced. For Palm, it simply means “survival”, but for HP, that could mean having a shot at controlling its own fate in a very competitive market. In some [...]
Nokia To Reduce Smartphone Numbers By Half
While Nokia announced more than 15 smartphones that year, the company plans to roughly halve that number in 2010. The reason behind is apparently the increasing competition coming from RIM, Apple, HTC and additionally Samsung. Antti Vasara, Nokia’s head of smartphones R&D has declared that by releasing fewer smartphones the company will cut down unnecessary [...]