Palm attempted to buy PalmSource

Laurens · 09-21-2005, 11:20 AM

So, Palm did bid for Palmsource after all. The question remains: should we be happy now that Access won out? -Alex

PalmInfoCenter - Palm Attempted to Buy PalmSource:

Quote:

BusinessWeek is reporting that Palm put a bid in to buy PalmSource. However, Palm was outbid by other companies and ultimately decided that the deal didn't make sense.

BusinessWeek - Palm Taps Microsoft:

Quote:

The PDA makers plans to unveil a Treo powered not by the Palm OS software but by Microsoft's Windows Mobile 5. Could be a good move
...
As the only significant licensee of Palm OS, Palm Inc. was widely expected to buy back the software business -- and it tried. But major U.S. and European handset makers jumped into the bidding and drove the price too high.

Related: Q1 FY 2006 Palm Earnings Conference Call (live tomorrow at 5:00 pm ET)

Laurens · 09-21-2005, 01:42 PM

I don't want to sound too cynical, but this explains the "premium" Access were prepared to pay. It's a bit of a cold shower for those who believed this was due to the value of PalmSource's intellectual property. It was nothing as lofty as that, just simple market economics.

doctorow · 09-21-2005, 01:50 PM

Quote:

Originally Posted by Laurens

It's a bit of a cold shower for those who believed this was due to the value of PalmSource's intellectual property. It was nothing as lofty as that, just simple market economics.

At a price level that -according to Palm- made no sense for them to pursue this subject any longer.

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09-21-2005, 01:42 PM	#2
Laurens Jah Blessed Posts: 1,295 Karma: 1373 Join Date: Apr 2003 Location: The Netherlands Device: iPod Touch	I don't want to sound too cynical, but this explains the "premium" Access were prepared to pay. It's a bit of a cold shower for those who believed this was due to the value of PalmSource's intellectual property. It was nothing as lofty as that, just simple market economics.

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