Wednesday, June 4, 2003

Palm Buys Handspring -- 9:13 am CST, Update by A.T. Hun

I saw on CNBC this morning (yes, I was watching CNBC this morning) that Palm is buying Handspring. Handspring stockholders will receive .09 shares of Palm for each Handspring share they own. Here's a link to the press release. I'm sure there will be more news on this later.

My take? Palm doesn't have anything with the wireless features of the Treo and Handspring hasn't produced any standard PDAs in a while. Handspring originally was a break-off company started by some of the initial founders of Palm, so I guess we've now come full circle. Sadly, Handspring was never able to make its Springboard expansion modules take off, mainly because the modules cost almost as much as the Visor itself. If the modules could have been more affordable, the Visor would probably still exist, and Handspring might very well have become the stronger company. Nevertheless, I still like my Visor Deluxe and have yet to find anything that would make a worthwhile and cost-effective replacement.

News for 06/04/2003

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