David Marcus’ Blog | Mobile, Media and Entrepreneurship

Palm

Palm sold by Thursday?

Tuesday, March 20th, 2007

Rumors are swirling about an imminent sale of the famous smartphone maker. Nokia is apparently one of the industrial contenders while Texas Pacific Group and Silver Lake Partners lead the private equity pack. According to Reuters the company could be valued at $2bn.
Shares of Palm were up nearly 5% today after the rumor broke out.
Info […]