Text 11 Apr Bloomberg: Palm is up for sale — Engadget

Okay a couple of things about this:

1. Palm may not be actively for sale but with the position they are in they are probably getting offers or if not then the board and management have a fiduciary duty to explore this and see if there is a buyer who is willing to pay enough.

2. HTC’s interest in Palm could be strictly in relation to Palm’s patent portfolio. Said portfolio would be very handy in fighting Apple’s patent lawsuit against HTC.

3. I don’t know if HTC would be interested or not in developing for another OS. They are already pretty heavy into WinMo and Android. They are also probably gearing up for WinPho 7 as well. Lenovo on the other hand could see Palm as a means to jumping into the mobile market.

4. The fact that Palm has a plan to reach profitability does not mean that they can’t be exploring a sale. The plan has to be there both for helping make a sale and for when there isn’t a sale.

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