[DIGITAL DAILY]
Well, this is a bit ironic, coming as it does on the heels of Palm CEO Jon Rubinstein’s “I believe Palm can survive as an independent company” proclamation Thursday: HTC has reportedly declined to bid on the company, which is said to be shopping itself around.
Evidently the Taiwanese hardware manufacturer took one look at Palm’s (PALM) books and decided an acquisition isn’t worth the trouble. “There just weren’t enough synergies to take the deal forward,” a source close to talks between the two companies told Reuters.
And so speculation about a potential acquirer is turning elsewhere. Lenovo seems to be the leading candidate at the moment. The company has big aspirations in China’s mobile market and a penchant for making big foreign acquisitions. It purchased IBM’s (IBM) ThinkPad business a few years back and tried to buy Packard Bell, so why not Palm? — JOHN PACZKOWSKI, DIGITALDAILY.ALLTHINGSD.COM
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