Hewlett-Packard to buy Palm for $1B in cash Boards of both companies have agreed to deal scheduled to close in July
Business • April 2010 • Views: 442
PALO ALTO, Calif. - Palm Inc. a pioneer in the smart phone business that couldn’t quite make the comeback it needed, has agreed to be bought out by Hewlett-Packard Co. for about $1 billion in cash.