Palm, the company, to go on sale this workweek; HTC and Lenovo seem interested

  Share

Three moles, who obviously father’t want to be identified, gave some succus selective information to Bloomberg today. They say that Palm (NSDQ: PALM) is seeking bids for the troupe as early as this workweek, and that HTC and Lenovo (OTCPK: LNVGY) whitethorn be snooping around. According to Adnaan Ahmad, an analyst with Berenberg Bank, Palm is combustion about $80 million every 3 months, and whitethorn do that for the next 5 living quarters due to intense competition from every end of the market.

Is a bargain out the right field matter to do? With a marketplace cap of $870 1000000, it’s pretty cheap considering what you’re acquiring. Access to the American marketplace, a strong sword, relationships with operators, several highly talented former Apple (NSDQ: AAPL) employees, an OS that many describe as the only OS that’s even finale to competing with the iPhone today, and let’s not forget about patents. Palm is posing on a gravy boat loading of them since they pretty much invented the handheld computing quad in U.S., and the infamous Treo shape factor was the first of its sort.

We’ve already heard this meditation on Fri, but now that it’s coming out of Bloomberg (sorry Murdoch, Market Watch doesn’t rich person the same prestigiousness) I’m much more likely to believe it to be true.