It’s been a long road for Palm, Inc — its history is full of acquisitions, mergers and demergers. Palm CEO announced last year that “companies don’t get sold, they get bought” — which probably meant that Palm would sell if the right buyer came along. Speculation has been rife lately as to who would buy Palm, with Nokia being most mentioned. The latest news is from Unstrung, which says that four parties are currently in the bidding for Palm. Going up against Nokia are Motorola and two private equity firms, Texas Pacific Group and Silver Lake Partners.

Om Malik presents a good case on why Motorola would be the best fit for Palm.  A Nokia Treo would most probably run Symbian, and Malik mentions that Palm’s true strength is in the software expertise.
Us Treo fans probably won’t be much affected in the near term. However, Palm being sold (or being bought, as Colligan would say) would mean an infusion in cash for Palm to take their products to the next level.

Filed under: Mobile World

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