Sep
There are rumors that Nokia want to buy Palm, and thanks to these rumours, a few days ago theĀ Palm’s stock jumped to its maximum in these last two years. The stocks reached the $17 per stock. The Finnish company and the american does not have wanted to make any statement on this subject, so that the rumors made all the work that won the rise spectacular of the Palm’s stock.
The rumors indicate that Nokia is preparing a takeover bid, but have not been published any figure or have been clear signals that Nokia will buy Palm. What is known, is that the investment of the Finnish company would be for market share of american advanced phones, which is currently dominates Palm.
Everybody knows the situation in which is the U.S. company of mobile telephony, which is is in an economic crisis since more than two years that could out of the market. To overcome this crisis has had the help of Elevation Partneers. This financial group, which has among its members to the singer of U2, already owns 30% Palm through their capital increases.
We hope that the union of Nokia and Palm can give the best of the two companies in design and functionality of their mobile phones.



Recent comments