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Palm Could Be Acquired

News - By: pdaBlast! Staff - November 13, 2006


With the recent announcement that Motorola will purchase RIM's primary rival, Good Technology, analysts are speculating about the future of Palm.

ThinkEquity analyst Jonathan Hoopes has said that Motorola's purchase increases the chances that Palm will eventually be acquired.

"In our opinion, Motorola's decision to buy Good Technologies further increases the probability that a vendor of mobility solutions will make a bid for Palm as participants in the quickly evolving communications space seek to build their asset portfolios in an effort to establish defensible positions," Hoopes wrote in a note to investors.

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