HTC will acquire Palm

2010 is going to be a great year for HTC. According to a Chinese website UDN HTC CEO Peter Chou and other executive from HTC are meeting with Palm executives in order to buy Palm. Today earlier Palm share rose up to 12%

Up till now HTC refused to comment on these rumors. On the other hand Plam’s CEO Jon Rubinstein said

"If there is a reasonable acquisition proposal, the Board will consider."

Rumors are circulating that HTC is assessing the feasibility of financial, legal, development and brand marketing for acquisition of Palm

If HTC plans to buy Palm then in return HTC will acquire over 1650 patents & palms latest web OS

Via: WMPoweruser