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Entries in goldman sachs (1)

Wednesday
Apr142010

Palm Put Up For Sale

When my company moved to Sprint last year, a bunch of my co-workers jumped at the opportunity to get a Palm Pre.  I still find it amusing to hear them curse at their phones in utter frustration.  Hanging up on loved ones and accidentally putting confidential calls on speakerphone is good fun.  Unfortunately, these troubles don't seem to be confined to my company.  With weak sales and so-so reviews for their latest phones, Palm Inc. is looking for a way out.  The company has hired Goldman Sachs Group Inc. and Frank Quattrone’s Qatalyst Partners to find a buyer.  It's rumored that HTC and Lenovo might make offers soon.

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