Feeds

Palm opens for Chinese cash

Cash-strapped smartphone maker looks to Huawei for help

Gartner critical capabilities for enterprise endpoint backup

Palm has approached Huawei Technologies about the possibility of a takeover, reports suggest.

Palm suggested it was up for sale at its last - poor - results conference. Earlier this week, Palm shares jumped on reports that Goldman Sachs and Qatalyst Partners were looking for possible bidders for the firm.

The firm has struggled to meet smartphone challenges from Google's Android and Apple's iPhone, amongst others.

And of course Huawei has form in buying much-loved, almost disappeared companies: it bought 3Com for $2.2bn in 2007.

Correction - Huawei bid for 3Com but HP bought it for $2.7bn.

The Reuters report suggested that talks weren't going that far, or fast. Initial contact was made in mid-February and talks have not really progressed since then.

More on this here.

Huawei makes and sells kit for the back-end of telecoms and broadband networks - from antennae to network management as well as its own handsets, including some using Android.

Palm would have made a perfect buy for a big company looking to get into mobile devices - but most of the would-be bidders have already made their mobile move.

The obvious exception is Dell, which is regularly rumoured to be getting into handset making. Why you'd switch from one form of low margin hardware to another is a question for the business strategy consultants. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE accused of silencing customer gripes on social media pages
Hello. HELLO. Can EVERYTHING EVERYWHERE HEAR ME?!
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
Broadband slow and expensive? Blame Telstra says CloudFlare
Won't peer, will gouge for Internet transit
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?