HP will rival iPhone and BlackBerry
After several days of speculation, finally emerged the highest bidder to buy Palm, the flagship company of smartphones : Hewlett-Packard, the largest company in personal computers and the second in services for companies in the world.
HP agreed to acquire the manufacturer of Palm Pre per thousand $ 200 million. The computer giant, which in recent years has acquired several companies, will pay 5.70 dollars in cash for each share of Palm. Shares of Palm were closed to U.S. dollars 4.63 yesterday before the announcement.
The transaction, approved by the boards of both companies, culminating in HP’s third fiscal quarter, which ends on July 31 this year.
“This action is a strategy that HP has internationally, and for Mexico brings a very aggressive plan to double its sales in two or three years, and a viable way to achieve this is to buy companies,” Pantoja said Saul Cruz, executive director Company Select data analysis.
Remember that HP recently bought the company 3Com, EDS before and long before the computer maker Compaq. “His area of PDA and smartphones has not been so successful, so that the purchase of Palm strengthen its offer,” said Cruz Pantoja.
In the announcement, HP announced that the Palm operating system webOS will help you participate with greater determination in the market of smartphones and mobile devices connected to the Internet, which is growing rapidly. HP could be a tough rival for the iPhone and the BlackBerry, which now dominate the market.
It is very likely the name Palm still present in the new HP products to develop, according to the director of Select would be a mistake not to, in fact when it bought Compaq, a brand recognized by consumers, continued to hold the name in several models .
Saul Cruz said at the time the iPhone and the BlackBerry it is much better than HP, since they are positioned and brands already have a loyal following, however, HP has a large channel strategy, its strength is to move products very large, “and I will certainly be a strong competitor in smartphones, but it will cost jobs,” Cruz said Pantoja. (With information from AP)