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Brief: Palm’s stock surged because of rumours saying Nokia is going to buy them

Categories: Nokia, Palm, Rumors
By: , IntoMobile
Wednesday, September 23rd, 2009 at 2:13 AM

Palm’s stock yesterday rose $1.12 to $17.07 fueled by speculation that they were going to be purchased by Nokia. Do you think it could happen? I mean, it would give Nokia a foothold in the American market, but what the hell would Nokia do with webOS? They’re betting on Maemo and Symbian in the long term, with a layer on top built on Qt called DirectUI. Anyway, thought you would like to know.

[Via: Bloomberg]

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About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.