Palm Looks to Huawei as Potential Purchaser
One wouldn’t credit it but word has it that cheap Android manufacturer Huawei was apparently approached by Palm back in February with a view to purchasing the troubled Palm Pre and webOS maker according to an article over on gizmodo.
Apparently Reuters reported that Palm actually uses investment bankers as middlemen to approach Huawei for “preliminary discussions,” with a view to purchasing Palm, and figures in the $1 billion area are being tossed around.
Obviously Huawei hasn’t confirmed anything, they are not saying if the talks took place or even if there are continuing, as is expected, and Palm isn’t offering any insight either.
Also apparently another Chinese company is interested in Palm and that is ZTE, although whether Huawei or ZTE will be successful in acquiring Palm remains to be seen.