[Mobilepartners] Palm Takeover Expected This Week -- Report

[Andrew Yu]

Good morning,

Just to give you all a heads up... There is an article in Information Week this morning that mentions that the sale of Palm, Inc. is near.

Summary:
Palm Inc. could be sold for at least $20 per share this week and at least four bidders are interested, including private equity firm Texas Pacific Group, according to unnamed sources cited by technology news Web site Unstrung.com.

URL:
http://tinyurl.com/3cazst

The rumor of potential sale of Palm, Inc. has been floating around for the past few weeks, but now it appears that the rumor is true and a deal may be finalized in the near future. The future of Palm OS may be in the hands of the new acquirer (possibly Nokia, Motorola, or a private equity firm).

I will keep you all posted.

Cheers,

Andrew

_______________________________________
Andrew J. Yu
Mobile Devices Platform Coordinator
Software Release Team
Information Services and Technology
Massachusetts Institute of Technology
77 Massachusetts Avenue, Building W92-140B
Cambridge, MA 02139-4307

Phone: 617-324-8985
Fax: 617-258-8736
Email: AndrewYu at mit.edu
http://web.mit.edu/swrt