Thu, 15 Apr 2010 | BUSINESS SALE
Smartphone manufacturer Palm has been put up for sale after its latest products, the Palm Pre and the Pixi, returned mediocre sales figures.
It is expected that the sale will attract the attention of technology companies of the likes of HP and Dell. Acquiring Palm could give them a fast route into the mobile sector, said Ovum analyst Tony Cripps.
It has been reported that Palm brought in bankers last week to assess the options for the business, to include a sale.
There was plenty of excitement surrounding the launch of the Palm Pre last year and was even considered to be a possible 'iPhone killer', however the disappointing sales did not reflect this initial hype.
Palm's webOS operating system has been praised for its usability and functionality, though Mr Cripps believes the strength of the Palm brand will prove to be its main selling point.
He said: "Palm's webOS has only been in the market for a short time and is somewhat unproven but there is a residue of fondness for Palm as a brand, especially in the US."
On the reports of a potential sale, Palm's shares increased by over 17%. Its stocks have fallen 69% over the past six months. It has been valued at £563m.
UK-based regulatory and clinical consultancy firm specialising in the medical device compliance and MedTech sector serving a diverse client-base across the UK USA and Europe. The company utilises its significant experience to assist companies who hav...
The business is an established contractor specialising in a variety of plastering solutions, including drylining, screeding, and rendering. Operating on a B2B basis across Southern England, the company provides its services to organisations in the ho...
The company provides individuals and businesses with bespoke, impartial financial advice, specialising in tailored support relating to mortgages, property finance and personal insurance.
12
|
Mar
|
Obsequio Group continues buy-and-build strategy with deal for Environtec | BUSINESS SALE
Obsequio Group has continued its buy-and-build strategy with...
11
|
Mar
|
Caravan maker Atlas Leisure falls into administration | ADMINISTRATION
Half a century old East Yorkshire caravan manufacturer Atlas...
11
|
Mar
|
Yorkshire accountants Shenward buy London peer as part of expansion drive | BUSINESS SALE
Yorkshire accountancy firm Shenward has expanded into London...
12
|
Mar
|
Obsequio Group continues buy-and-build strategy with deal for Environtec | BUSINESS SALE
Obsequio Group has continued its buy-and-build strategy with...
11
|
Mar
|
Edinburgh consultants Alba Partners buy London peer Core Consultants | BUSINESS SALE
Edinburgh-based management consultants Alba Partners has bou...
11
|
Mar
|
UK administrations update: March 4 – 11 | ADMINISTRATION
Since our last update, the following businesses have been co...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.