Palm purchased 3 companies last year, didn’t bother telling anyone!
By Stefan Constantinescu on Sunday, July 27th, 2008 at 10:08 AM PST In Palm
Palm, and every other company that is publicly traded, has to file a document called the “10-K” which goes to the Securities and Exchange Commission. Palm (NSDQ: PALM)’s 2007 10-K was recently published and it looks like they purchased 3 companies.
None of them were named, 2 were purchased in February 2007, one handles user interface development, the other is a developer who specializes in email applications; $19.2 million was spent. The third was purchased in October 2007, a company that develops “solutions to enhance the performance of web applications;” purchased for $500,000.
Come on Palm, what is taking so long, I still believe in you!
[Via: mocoNews]
