Hewlett Packard today announced that it is acquiring Palm for a cool $1.2 billion, or $5.70 per share of common stock. The acquisition has been approved by the boards of both Palm and HP, but is subject to regulatory approval. All of the regulatory wrangling is expected to be completed by the end of HP’s third quarter which ends July 31, 2010. Palm CEO John Rubinstein is expected to remain at the company in an undisclosed capacity. From the wording within the press release, it appears as if webOS may live on. Check out the full press release after the jump. More →
Rumored to be a portion of a stock sheet from Best Buy a “major national retailer”, this image above is reportedly reveals the release dates of a variety of upcoming handsets. No, there’s nothing too exciting there but if the source is reliable it does indeed fill in a few question marks that have been looming — namely the E71x release date. So let’s have a look… Starting with AT&T, the document lists both the Samsung i627 “Jackfrost” and blue Samsung A767 “Propel” as becoming available on March 29th. Next up is the Nokia E71x, listed as “E71 Charcoal”, finally arriving on April 1st and the LG Xenon, which was apparently delayed so long it’s now called “Zenon”, arriving on April 10th. Moving along to Verizon, it looks like the Nokia 7205 Intrigue will hit store shelves on March 15th along with Sprint’s Palm Treo Pro which has been delayed more than a connecting flight in Atlanta. Sure, the more exciting handsets of 2009 won’t be out until the Summer months and beyond, but there are a few nice looking pieces of kit here to tide us over in the meantime.