Palm: Sold to HP ($1.2 billion)

Surprisingly, the new owner of Palm is HP. Very much deviate from speculator's perspective.
Could this deal spark new inputs from HP which is very much slow in the smartphone industry. What happened to the HTC? Weren't they suppose to be the front running buyer to this deal? Guess not..
According to sources, the deal was planned to close by 31st July.

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