CNet: Palm to acquire rival Handspring

My spin: No tears here. I think there’s only winners. (well tears for any employees that will have to be (sadly) laid off). But which Handspring products will go? I guess all – except the Treo line.
News Clip: Palm, which also announced that it has finalized plans to spin off its PalmSource software division, will purchase Handspring in a stock deal.
The transaction will grant Handspring stockholders 0.09 of a share of Palm–and no shares of PalmSource–for each share of Handspring common stock. Based on Tuesday’s closing price, that values each Handspring share at $1.09, slightly lower than Handspring’s closing price of $1.11. (full story)


About Ramon Ray

Ramon Ray, Marketing & Technology Evangelist, & Infusionsoft. Full bio at . Check him out on Google Plus, Twitter or Facebook