Even though Palm still has a fair bit of cash in the bank, its lack of carrier relations definitely hold the webOS back (especially in Europe and Asia). Ganging up with someone else thus would make perfect sense – and given the general intelligence Palm has exhibited recently, also sounds like a plan.
BloomBerg now claims the following:
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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 a sale hasn’t been announced.
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For the first time, Huawei and ZTE were named as potential buyers. This IMHO makes sense – Huawei insiders have told me frequently that their company wants to get into the cell phone business to augment its 3G dongles; yet they have not been able to achieve much here.
By purchasing Palm, Huawei would get a more than decent phone product – for comparatively little cash, that is…
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This seems like an incredibly stupid move to me. Maybe I’m wrong, but why would anyone even use a Palm anymore when you have so many better options with something like the iPhone?
iPhoneOS is an inferior platform, with vastly superior marketing. But I agree that it is a mistake. I’d rather see palm wink out of existence than become a slave to some monolith. I think Palm should stand it alone if it has to, and die proudly if it comes to that, but otherwise fight on.