Palm nets $100 million from Elevation Partners.
Palm received another $100 million from Elevation Partners. I understand why EP made the investment, but does anyone else think that Palm is losing brand?
Ignore the recessionary climate, but between the influx of the new pda/smartphones and the rising penetration of blackberry/iphones due to popularity and affordability, doesn't it seem as if the Treo/Centro should go the way of VHS when DVDs came out or the withdrawal of HD DVDs when competing against blu-ray?
DEALBOOK REPORTED THE STORY HERE
I've never owned a Palm device. but have used various models numerous times. I like Blackberry for email, iPhone for everything else. What good is the palm?
I don't. I never understood why they thought a PIPE deal in Palm to give them a minority stake would ever be a good idea. I also never understood why they ever thought having Bono on their team would be a good thing.
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