Thread: PalmSource - now an acquisition target?
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Old 05-24-2005, 07:52 AM   #1
Colin Dunstan
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PalmSource - now an acquisition target?
More PalmSource news today. The Deal is quoting Jamie Friedman, an analyst at Fulcrum Global Partners LLC, saying that the change in leadership is a signal that PalmSource could become an acquisition target any moment soon:
Quote:
"They lost a CFO in February, who was replaced by a better CFO, then they lost the head of sales in March, who was replaced by a better head of sales, and now you have the CEO leaving. It is a scenario where the company could get acquired.
According to her, potential buyers could be palmOne (feel how the wheel is turning?) and Blackberry-maker Research in Motion.

Update: Two related links both from C|net thanks to Laurens:
PalmSource may be in play
PalmOne spends $30 million to drop 'One'

Update 2: Just checked PalmSource stock price and it is +13% today!
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