Microsoft Office Enterprise 2007 Completes Palm Ac

HP Completes Palm Acquisition
PALO ALTO, Calif., -- HP nowadays announced it's got finished its acquisition of Palm Inc. at a price tag of $5.70 for each share of Palm typical stock in dollars.

HP right now announced it has finished its acquisition of Palm Inc. at a price tag of $5.70 per reveal of Palm frequent stock in cash.

The combination offers HP important headway into one among technology’s fastest-growth segments with Palm’s modern webOS platform and household of smartphones,Microsoft Office Enterprise 2007, as well as a rich portfolio of intellectual home in the smartphone pioneer.

HP’s world-wide scale and economic strength as well as Palm’s award-winning webOS experience, too as its acclaimed Pre and Pixi smartphone products lines, boost HP’s ability to participate a lot more aggressively from the very profitable, $100 billion smartphone and connected cellular system markets.

“With webOS,microsoft Office 2010 Activation, HP will deliver its buyers a distinctive and persuasive encounter across smartphones and also other mobility items,” stated Todd Bradley, executive vice president, Individual Systems Group, HP. “This makes it possible for us the chance to completely engage in increasing our smartphone family members supplying and the footprint of webOS.”

Under Jon Rubinstein, former Palm chairman and chief executive officer, the Palm world-wide company unit will report to Bradley. Palm will probably be responsible for webOS software growth and webOS based mostly hardware products, from a robust smartphone roadmap to future slate PCs and netbooks.

“With HP’s full backing and international strengths,Microsoft Office Pro 2010, I’m self-confident that webOS is going to be capable to achieve its complete prospective,” explained Rubinstein. ”This agreement will accelerate the development of this unbelievable platform with new sources, scale and support from a world-respected brand.”

About HP

HP creates new opportunities for technology to own a meaningful impact on folks, businesses, governments and society. The world’s biggest engineering business,Office 2010 Professional Plus, HP brings jointly a portfolio that spans printing, individual computing, software program, providers and IT infrastructure to resolve client problems. More data about HP (NYSE: HPQ) is obtainable at

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If this kind of hazards or uncertainties materialize or this kind of assumptions demonstrate incorrect, the outcomes of HP and its consolidated subsidiaries could vary materially from individuals expressed or implied by these kinds of forward-looking statements and assumptions. All statements aside from statements of historical actuality are statements that may be deemed forward-looking statements, including the expected rewards and fees with the transaction; management options relating for the transaction; the anticipated timing in the completion in the transaction; any statements of expectation or perception; and any statements of assumptions underlying any from the foregoing. Pitfalls, uncertainties and assumptions consist of the likelihood that expected rewards may possibly not materialize as anticipated; hazards linked to the timing or final completion from the transaction; and other risks that are explained in HP’s Quarterly Report on Type 10-Q for that fiscal quarter ended April 30, 2010 and HP’s other filings together with the Securities and Trade Commission, including although not limited to HP’s Annual Report on Kind 10-K for that fiscal 12 months ended October 31, 2009. HP assumes no obligation and doesn't intend to update these forward-looking statements.

© 2010 Hewlett-Packard Growth Business, L.P. The information contained herein is subject matter to vary unexpectedly. HP shall not be liable for technical or editorial mistakes or omissions contained herein.

Editorial contacts

Jim Christensen,Microsoft Office Professional Plus, HP: jim.christensen@hp.com

Derick Mains, Palm: derick.mains@palm.com