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HP Buys Palm For $1.2 Billion  
User currently offlineZentraedi From Japan, joined Jun 2007, 659 posts, RR: 0
Posted (3 years 11 months 3 weeks 3 days 22 hours ago) and read 1971 times:

http://www.engadget.com/2010/04/28/hp-buys-palm/


Wow, this is a surprise. Didn't expect HP. Hope they can throw some cash behind WebOS and get a few of those devices over here.

Would be nice to see this spur more competition between with Android and iPhoneOS! Better features sooner...

EDIT: Here's a link with more information... http://www.businesswire.com/portal/s...&newsId=20100428006950&newsLang=en

[Edited 2010-04-28 13:41:18]

34 replies: All unread, showing first 25:
 
User currently offlineN328KF From United States of America, joined May 2004, 6482 posts, RR: 3
Reply 1, posted (3 years 11 months 3 weeks 3 days 21 hours ago) and read 1928 times:

I believe this is about intellectual property or using WebOS on tablets. I think HP knows that the smartphone market itself is too crazy for them to get into. There are already two hugely strong players (Apple, RIM) plus an up-and-coming one (Android) and two that are on the decline, but still have a bigger share than WebOS (Symbian and Windows Phone).


When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlineTugger From United States of America, joined Apr 2006, 5249 posts, RR: 8
Reply 2, posted (3 years 11 months 3 weeks 3 days 21 hours ago) and read 1922 times:

That is terrific news for Palm! The best they could have hoped for, a quick sale at a good value (Comparatively) to an excellent technology company that will be able to use Palm's product experience and patent portfolio.

I can see why HP would be interested since Apple is showing that the mobile phone market is going to factor into to future growth of the computing market.

Congratulations to HP and to Palm!

Tugg



I don’t know that I am unafraid to be myself, but it is hard to be somebody else. -W. Shatner
User currently offlineKen777 From United States of America, joined Mar 2004, 8044 posts, RR: 8
Reply 3, posted (3 years 11 months 3 weeks 3 days 21 hours ago) and read 1912 times:

I believe that this is great news for Palm, but that HP overpaid by about $1 Billion.

Palm is going to help HP in terms of an iPad competitor, but HP has some talented people who could have taken on Apple without Palm's help.


User currently offlineRevelation From United States of America, joined Feb 2005, 11919 posts, RR: 25
Reply 4, posted (3 years 11 months 3 weeks 3 days 21 hours ago) and read 1905 times:

As a company that competes with HP, I hope they spend lots of time and energy figuring out what to do with Palm.

Either that, or they just wasted $1.2B on something that probably was going to crash sooner or later.



Inspiration, move me brightly!
User currently offlineracko From Germany, joined Nov 2001, 4856 posts, RR: 20
Reply 5, posted (3 years 11 months 3 weeks 3 days 18 hours ago) and read 1862 times:

Well, WebOS is in my opinion the best smartphone OS out there, but Palm simply didn't know how to package it with attractive hardware. We'll see which direction they'll be heading, I still think that it could be a fine competitor in the market if HP gets the hardware right.

User currently offlinecaptaink From Mexico, joined May 2001, 5108 posts, RR: 12
Reply 6, posted (3 years 11 months 3 weeks 3 days 18 hours ago) and read 1829 times:

Quoting racko (Reply 5):
Well, WebOS is in my opinion the best smartphone OS out there, but Palm simply didn't know how to package it with attractive hardware. We'll see which direction they'll be heading, I still think that it could be a fine competitor in the market if HP gets the hardware right.

I agree, and I think HP will continue in the mobile market regardles of RIM's and Iphone's presence. Actually RIM market share has severly dropped and isn't as formidable as let's say Iphone. SO we ith a great OS like WebOS, and the deep pockets and tech savy of HP we might be on to something here.



There is something special about planes....
User currently offlinecaptaink From Mexico, joined May 2001, 5108 posts, RR: 12
Reply 7, posted (3 years 11 months 3 weeks 3 days 18 hours ago) and read 1815 times:

Quoting N328KF (Reply 1):
There are already two hugely strong players (Apple, RIM) plus an up-and-coming one (Android) and two that are on the decline, but still have a bigger share than WebOS (Symbian and Windows Phone).

BTW, Symbian is actually the biggest player worldwide in smartphone market share and in general terms mobile market share.

I think HP is very capable of playing on the world stage.. It is said that one in five PCs is a HP.



There is something special about planes....
User currently offlineJBirdAV8r From United States of America, joined Jun 2001, 4482 posts, RR: 22
Reply 8, posted (3 years 11 months 3 weeks 3 days 18 hours ago) and read 1815 times:

Quoting Ken777 (Reply 3):

I believe that this is great news for Palm, but that HP overpaid by about $1 Billion.

I agree. Great for Palm, but I really think HP is going to regret this down the road.



I got my head checked--by a jumbo jet
User currently offlinecaptaink From Mexico, joined May 2001, 5108 posts, RR: 12
Reply 9, posted (3 years 11 months 3 weeks 3 days 18 hours ago) and read 1807 times:

Quoting JBirdAV8r (Reply 8):
Quoting Ken777 (Reply 3):

I believe that this is great news for Palm, but that HP overpaid by about $1 Billion.

I agree. Great for Palm, but I really think HP is going to regret this down the road.

Why?

In my opinion, it is a good buy, Palm has a killer OS in its hands, and a very large quantity of enviable patents. At least so I have been told..



There is something special about planes....
User currently offlineJBirdAV8r From United States of America, joined Jun 2001, 4482 posts, RR: 22
Reply 10, posted (3 years 11 months 3 weeks 3 days 16 hours ago) and read 1747 times:

Quoting captaink (Reply 9):
and a very large quantity of enviable patents

I'd say this was probably the biggest reason behind buying Palm. I just don't think it was worth it.

Quoting captaink (Reply 9):
Palm has a killer OS in its hands,

WebOS is neat and all, but it's yet another phone OS. I think HP would have been better suited sticking with Android. And let's face it--HP buying Palm primarily for WebOS is nothing like Apple buying NeXT for the NeXT OS...a smart business decision



I got my head checked--by a jumbo jet
User currently offlinecaptaink From Mexico, joined May 2001, 5108 posts, RR: 12
Reply 11, posted (3 years 11 months 3 weeks 3 days 12 hours ago) and read 1689 times:

Quoting JBirdAV8r (Reply 10):

WebOS is neat and all, but it's yet another phone OS. I think HP would have been better suited sticking with Android. And let's face it--HP buying Palm primarily for WebOS is nothing like Apple buying NeXT for the NeXT OS...a smart business decision

But it is a more than just another OS, it is a great one. (it is almost as if I work for Palm right..  ) Why would they have been better of with Android? They (HP) have a relationship with Windows Mobile and plan to maintain it. But I think they the potential with WebOS for a number of devices including their slate devices, to compete with the Ipad. HP is a pretty large company with deep pockets, they acquired Compaq, they acquired 3 Com, and now they want Palm. I am sure they are onto something.. 

Say hello to the new Ipaq.. HAHAHA


I know, many view this deal as a waste of money, but in my opinion it isn't and I think it wuold give for some interesting devices down the line. Let's see what happens..



There is something special about planes....
User currently offlinebill142 From Australia, joined Aug 2004, 8434 posts, RR: 9
Reply 12, posted (3 years 11 months 3 weeks 3 days 9 hours ago) and read 1670 times:

Quoting captaink (Reply 11):
HP is a pretty large company with deep pockets, they acquired Compaq, they acquired 3 Com, and now they want Palm. I am sure they are onto something.

Don't forget EDS.

HP doesn't need to dominate the smart phone market. It's probably the most diversified company in the game. Buying Palm just strengthens their claim to their market share and does a lot of leg work in the smart phone area.


User currently offlineAaron747 From Japan, joined Aug 2003, 7951 posts, RR: 26
Reply 13, posted (3 years 11 months 3 weeks 3 days 9 hours ago) and read 1662 times:

Bono and his Elevation Partners sure made out nice on this - apparently they will be getting near $485 million from this deal as a return on their investment in Palm.

http://www.siliconbeat.com/2010/04/2...ers-take-a-hit-on-palm-investment/



If you need someone to blame / throw a rock in the air / you'll hit someone guilty
User currently offlineRevelation From United States of America, joined Feb 2005, 11919 posts, RR: 25
Reply 14, posted (3 years 11 months 3 weeks 3 days 7 hours ago) and read 1633 times:

I'm not a phone maven, but it seems Palm was sinking on its own.

HP does make some nice hardware, so it'll be interesting to see what if anything comes of this on the phone side of the deal.

As for a tablet, I don't know who will be happy to invest in a WebOS tablet since the software selection for it would be very limited compared to an iPad or a WIndows-based x86 tablet, or for that matter, a netbook.

It'd have to be really well done to win any market share, IMHO.



Inspiration, move me brightly!
User currently offlineN328KF From United States of America, joined May 2004, 6482 posts, RR: 3
Reply 15, posted (3 years 11 months 3 weeks 3 days 4 hours ago) and read 1607 times:

Quoting captaink (Reply 7):
BTW, Symbian is actually the biggest player worldwide in smartphone market share and in general terms mobile market share.

Yes, and Symbian is being slaughtered by RIM and the iPhone. One look at Nokia's financial statements shows this.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
User currently offlinecaptaink From Mexico, joined May 2001, 5108 posts, RR: 12
Reply 16, posted (3 years 11 months 3 weeks 3 days 3 hours ago) and read 1598 times:

Quoting Revelation (Reply 14):

HP does make some nice hardware, so it'll be interesting to see what if anything comes of this on the phone side of the deal.

Yeh, I think Palm was dying as well, and they needed to be bought out. And with HP Hardware it could be interesting.

Quoting Revelation (Reply 14):
As for a tablet, I don't know who will be happy to invest in a WebOS tablet since the software selection for it would be very limited compared to an iPad or a WIndows-based x86 tablet, or for that matter, a netbook.

Well being fair WebOS is less than a year old, where as Applbe has had their devices a long time now. With HP in the picutre and the investment they said they would make in investigation, develpoment etc, we can expect that pretty soon WebOS would have it's fair share of apps. I mean less than a year and they have 3D games, something that Android which has been around much longer is still in the wait for developers to invest more time in.



There is something special about planes....
User currently offlinecaptaink From Mexico, joined May 2001, 5108 posts, RR: 12
Reply 17, posted (3 years 11 months 3 weeks 2 days 23 hours ago) and read 1562 times:

Excerpt from a Q&A with theHP's strategy chief on the Palm acquisition

Seems as though they are really not looking at Android anymore. Well it would be rather redundant. But as mentioned more than once, WinMo, will continue to be one of their OS solutions..

Quote:
The last time you and I talked, we talked a bit about Android and the reasons why it’s attractive to use. I take it with this announcement that you’re not going to be using Android at all. You’re in a good position owning the software, but it’s difficult to monetize an OS in an environment where a competitor like Google is giving it away.

That’s the advantage of doing the whole system. We’re going to have a very elegant solution, including an app store, and an applications community. I think we’ll be able to, with our tightly integrated approach, be very competitive and very differentiated.

What does this say about any plans that you may or may not have to use Windows Phone 7? Will webOS be your exclusive mobile platform, or will you also use Microsoft. At one point, Palm was using both its own OS and Microsoft’s.

We’re going to have to sort through all that over the coming months. We’re very, very serious partners with Microsoft. We hope to continue to be their biggest customer. And in this particular space, which is a small segment for us, we’ve got to work with them to figure out exactly what the roadmap looks like.

How soon do you hope for this to close, and for the first HP devices with webOS to be in the marketplace?

We hope to close sometime in our Q3, which ends at the end of July. And we have not yet announced any product roadmaps.
http://tech.fortune.cnn.com/2010/04/...y-chief-shane-robison-on-palm-buy/



There is something special about planes....
User currently offlinecws818 From United States of America, joined Aug 2008, 1171 posts, RR: 2
Reply 18, posted (3 years 11 months 3 weeks 2 days 21 hours ago) and read 1532 times:

Has there been any announcement about continuing to use the Palm name on future products? Damaged though it is, Palm arguably has more presence or cachet in the market than the rarely thought of iPaq.


volgende halte...Station Hollands Spoor
User currently offlineRevelation From United States of America, joined Feb 2005, 11919 posts, RR: 25
Reply 19, posted (3 years 11 months 3 weeks 2 days 21 hours ago) and read 1529 times:

Quoting captaink (Reply 17):
That’s the advantage of doing the whole system. We’re going to have a very elegant solution, including an app store, and an applications community. I think we’ll be able to, with our tightly integrated approach, be very competitive and very differentiated.

Differentiated? Clearly not from Apple...

This sounds more like a 'me too' solution.

Palm never had much momentum, and HP will need one hell of a tail wind to build critical mass, IMHO.

Who are they gonna attact?

The "Not Google, Not Apple, Not Microsoft" crowd?

Pretty small crowd if you ask me.



Inspiration, move me brightly!
User currently offlineKen777 From United States of America, joined Mar 2004, 8044 posts, RR: 8
Reply 20, posted (3 years 11 months 3 weeks 2 days 20 hours ago) and read 1510 times:

Quoting captaink (Reply 17):
And in this particular space, which is a small segment for us, we’ve got to work with them to figure out exactly what the roadmap looks like.

Might have been wise to do that before dropping $1.2 big ones.  Wow!


User currently offlineTugger From United States of America, joined Apr 2006, 5249 posts, RR: 8
Reply 21, posted (3 years 11 months 3 weeks 2 days 20 hours ago) and read 1492 times:

Quoting cws818 (Reply 18):
Has there been any announcement about continuing to use the Palm name on future products? Damaged though it is, Palm arguably has more presence or cachet in the market than the rarely thought of iPaq.

I can see HP keeping or dumping the name, it depends on what their strategy and marketing is. If they keep it i could imagine them having a line of "palm" computing products, items that fit in the palm of your hands. Again it just all depends. I do think it won't disappear instantly if they do decide to not use it, perhaps there will be a new "Palm Pro" introduced that fully integrates with HP IT and Enterprise systems for corporate communications, with full enterprise central control, security and yet numerous "productivity apps" to chose from. With WebOS under there control and Palm's foundation of enterprise support HP will be able to create a very secure system.

Quoting Revelation (Reply 19):
Who are they gonna attact?

As I mentioned above I think HP can easily enter the corporate market it already serves. It would compete directly with RIM but could be cheaper because HP is providing support up and down the entire corporate chain, no need for a third party (RIM).

I will be curious to see where HP does take this, the big thing I see is the Palm legacy of touch interface patents (which they will be combing through thoroughly) and technology being applied to future tablet (as well and phone/handheld) products.

Basically HP is an 800 pound gorilla in the computing and IT hardware world, and it has just bought itself a screwdriver that can open the smartphone and "touch" world. And this gorilla has proven recently that it knows how to use a screwdriver.

Tugg



I don’t know that I am unafraid to be myself, but it is hard to be somebody else. -W. Shatner
User currently offlinecaptaink From Mexico, joined May 2001, 5108 posts, RR: 12
Reply 22, posted (3 years 11 months 3 weeks 2 days 20 hours ago) and read 1483 times:

Quoting cws818 (Reply 18):
Has there been any announcement about continuing to use the Palm name on future products? Damaged though it is, Palm arguably has more presence or cachet in the market than the rarely thought of iPaq.

Apparently they might be kept as a separate unit, i.e. continue with the Palm name.

Quote:
Here’s the word, straight from HP during today’s conference call: “We intend to operate it as a business unit, which is in line with the way we’re structured today.”
http://www.precentral.net/palm-operate-business-unit-within-hp



There is something special about planes....
User currently onlinetravelin man From United States of America, joined Mar 2000, 3415 posts, RR: 0
Reply 23, posted (3 years 11 months 3 weeks 2 days 19 hours ago) and read 1479 times:

Quoting Ken777 (Reply 20):
Might have been wise to do that before dropping $1.2 big ones.

HP has revenue of $115B a year. $1.2B is really insiginificant for a company of that size.


User currently offlineN328KF From United States of America, joined May 2004, 6482 posts, RR: 3
Reply 24, posted (3 years 11 months 3 weeks 2 days 3 hours ago) and read 1412 times:

Quoting Revelation (Reply 19):
The "Not Google, Not Apple, Not Microsoft" crowd?

On devices smaller than netbooks, Microsoft is bombing horribly. They've messed up their attempts at tablets for ten years, and canceled Courier yesterday. They are an also-ran on cell phones. HP/Palm can hardly do worse than them in that market.



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
25 Post contains links captaink : And on of their loyal customers just decided againts going for a Windows tablet. http://techcrunch.com/2010/04/29/hew...ws-7-tablet-project/#ixzz0mbA
26 N328KF : 1) They don't have anything to port. Like Apple did with the iPad, and the Android tablet vendors are doing, they are scaling up existing ARM-based h
27 Corinthians : I totally agree. WebOS was the best mobile OS out there. It’s such a joy to use. The Pre hardware was lacking and they had issues with app support.
28 captaink : I stand corrected, HP does know how to handle an OS. Then things might even be better. Thanks for the insight. My sentiments exactly.
29 racko : I don't think there's a reason to give up on the smartphone market just yet. Sure, they probably won't take it by storm, but I'm pretty sure a package
30 Corinthians : That’s why I wanted HTC to take over because they make the best hardware and something like an HTC EVO 4G packaged with WebOS would be an awesome d
31 Post contains images Revelation : Speak for yourself! Actually I agree all of the app counts are overrated. One local car dealer is asking you to try their new iPhone app. Geez, isn't
32 captaink : But HTC seems to be so in bed with Android, it's hard to seem them go another way. But hey they are also in bed with WinMo so I guess nothing is impo
33 Post contains links Corinthians : I agree with you about the apps. But like I said, BB has half the apps of WebOS and nobody complains. That's just silly. I have a Pre as well and am
34 captaink : Thanks for the Skype tips man. There is a new app, Scratch I think it is, that i supposed to be promising.. Check it out..
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