Palm considering licensing webOS "Palm, whose shares jumped 19 percent Monday to $6.16, is working with Goldman Sachs Group Inc and investment banker Frank Quattrone's Qatalyst Partners, according to a source, who spoke on condition of anonymity because the process has not been made public.

Alternatives include the pursuit of additional capital investment or an attempt to reach a licensing agreement for its WebOS phone operating system software, the source said.

News that Palm had hired Goldman and Qatalyst was first reported by Bloomberg, and followed several days last week when the company's stock swung wildly on takeover rumors. For the week, Palm shares were up 32 percent." Via Reuters .

This wouldn't be the first time for Palm licensed its own operating system to other manufacturers. Back in the day Palm licensed Palm OS to a handful of big companies while still selling PDA's running Palm OS. Palm did very well with licensing, and there were some big names in the list. Sony, Acer, Garmin, Fossil (watches running Palm OS), Handera, Handspring (original creators of Palm OS and Treo smartphones), IBM, Kyocera, Lenovo, and Motorola to name a few. Here's hoping Palm bounces back.

Labels: palm, palm webos

  ¶ posted by Jimmie Geddes, Editor @ 4/12/2010 06:00:00 PM