pda Blast!:  Android  |  BlackBerry  |  iPhone  |  Palm  |  Symbian  |  Windows Mobile  |  Gadgets  
Palm OS software, Palm Blast, Palmone, Handspring
 Home 
 Store 
 Hardware 
 Software 
 News 
 Reviews 
 Forums 
pdaBlast! > palm > News Search:

Palm sells 25 percent stake in company to Bono
News - By: pdaBlast! Staff - June 04, 2007

It looks like the rumors that Palm would sell were partially true. Palm is selling a 25 percent stake of the company to a private equity firm founded by Bono. Elevation Partners will cough up $325 million for 25 percent of Palm. Palm will pay $940 million in cash to existing shareholders whose ownership of the company will drop to 75 percent.

Jon Rubinstein, Apple’s former head of hardware who helped pioneer iPod, will join Palm as executive chairman and head up product development.  





Source
Full Story | 0 Comments | Email This | Print Version |
Share |

More Stories:
  • Palm webOS 1.4 corrupts our Yahoo Mail account, slows Pre to a crawl
  • Tweed 1.5 coming soon to webOS App Catalog
  • Palm updates Facebook app
  • Palm's webOS 1.4 is buggy
  • Palm webOS 1.4 finally released

    • pdaBlast! Stories:
  • BlackBerry still dominating US smartphone market
  • New gestures coming to the next iPhone OS?
  • Opera Mini 5 Beat released for Android
  • Verizon swapping out BlackBerry Storm 2's with defective screens
  • Palm webOS 1.4 corrupts our Yahoo Mail account, slows Pre to a crawl

    • Latest Discussion:
  • Welcome to the Palm Pixi Forum!
  • a Special Christmas Gift(a powerful tool) to you
  • The Box ,Funny people (2009) Free Movie Downloads HQ .
  • How to transfer SMS from your T-Mobile to PC?
  • How to transfer your SMS from your Mobile to PC?
  • Talk back now in the Forums

    • User Comments:

    Share your comments about this article by
    Clicking HERE Now!

    		  







    Other Gadgets
    •Is Microsoft's Courier an iPad killer?

    •TELUS and Motorola launch Motorola Brute i680 tough phone

    •Nokia and Intel working on new mobile OS MeeGo

    •Google takes on Facebook with new Buzz service

    •Is a new MacBook Pro on the horizon?

    •Google tablet coming?

    •Google adds extension and bookmark syncing to Chrome

    More ...  
     





    Advertise | Contact Us about pdaBlast!.

       pda Blast!:  Android  |  BlackBerry  |  iPhone  |  Palm  |  Symbian  |  Windows Mobile  |  Gadgets       		 

    PalmBlast.com is not affiliated with or endorsed by Palm Inc, Access or PalmSource in any way. Any use of the word Palm is for discussion purposes and is a registered trademark of Palm Inc.
    Copyright © 2002-2010 by Small Computing Group, LLC. All Rights Reserved. - Privacy Policy, Legal Notices.