The Future Of WebOS

Almost a month ago we argued on how we think that Palm's future is dead. There have been a couple of talks over companies approaching to acquire palm and HP seems to have finally closed the deal.........

In a press release on HP's website, the company declared to have acquired Palm at $1.2 billion along with Palm's flagship WebOS mobile operating system.

The combination of HP’s global scale and financial strength with Palm’s unparalleled webOS platform will enhance HP’s ability to participate more aggressively in the fast-growing, highly profitable smartphone and connected mobile device markets. Palm’s unique webOS will allow HP to take advantage of features such as true multitasking and always up-to-date information sharing across applications.

Here is the official word from Jon Rubinstein, chairman and chief executive officer, Palm:

We’re thrilled by HP’s vote of confidence in Palm’s technological leadership, which delivered Palm webOS and iconic products such as the Palm Pre. HP’s longstanding culture of innovation, scale and global operating resources make it the perfect partner to rapidly accelerate the growth of webOS

The press-release has also confirmed Palm’s current chairman and CEO, Jon Rubinstein, is expected to remain with the company.

Interestingly! it is evident from this acquisition that HP wants to add a flavor of WebOS in their future tablet devices; kudos to the exceptional multitasking experience which will pose a challenge for the Apple iPad. This puts more fuel to our theory that Palm may revive with a 'ipad Killer' WebOS Tablet

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