HP CEO says Palm acquisition had nothing to do with smartphones

Fri, Jun 4, 2010


Back in April, HP purchased Palm for $1.2 billion

Earlier this week at the Bank of America Merrill Lynch technology conference, Hewlett-Pacakrd CEO Mark Hurd explained that the Palm acquisition was more about purchasing IP and obtaining an OS capable of running on a variety of web-connected devices. A smartphone, though? Hurd says it’s not on the agenda.

We didn’t buy Palm to be in the smartphone business. And I tell people that, but it doesn’t seem to resonate well. We bought it for the IP. The WebOS is one of the two ground-up pieces of software that is built as a web operating environment…We have tens of millions of HP small form factor web-connected devices…Now imagine that being a web-connected environment where now you can get a common look and feel and a common set of services laid against that environment. That is a very value proposition.

via ZDNet



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