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Report: Palm is actively hunting for a buyer

Updated Dec 19th, 2018 6:35PM EST
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Despite putting on its bravest face, it seems Palm has finally resigned itself to reality. According to a report filed by Bloomberg, the struggling company headed by Jon Rubinstein has directed Goldman Sachs and Qatalyst Partners to find it a buyer as early as this week. Potential suitors are said to include HTC and Lenovo. Dell, which recently had its name lumped in the the previous two companies as showing an interest in acquiring the Sunnyvale-based company, has apparently declined to enter a bid. At the moment there is nothing more to report other than all companies involved have declined to comment, but this is definitely a story we’ll be keeping our eyes on.

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