Feeds

Palm opens for Chinese cash

Cash-strapped smartphone maker looks to Huawei for help

High performance access to file storage

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. ®

SANS - Survey on application security programs

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.