Palm Seeks Chinese Suitor As It Goes On Sale - Report
Following yesterday’s reports suggesting Palm has put itself up for sale comes more news on the company’s attempt to find a new friend. Chinea’s Huawei Technologies has been approached by an investment bank on behalf of Palm for preliminary acquisition talks, but discussions have not yet moved forward. Huawei Technologies isn’t a household name, but it has become the world’s second-biggest telecoms equipment company after Ericsson. And that lack of a household name could be the benefit it gains from buying a well-known brand such as Palm. One of the pioneers in PDA and smartphone tech,…